Why Mattel and Hasbro Stocks Popped Tuesday

Shares of toy makers Mattel (NASDAQ: MAT) and Hasbro (NASDAQ: HAS) moved higher on Tuesday, having risen about 3% as of 11:25 a.m. EDT.

The two stocks' gains follow news that the United States Trade Representative (USTR) has delayed tariffs on some China-made items, including toys.

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