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* U.S. to delay China tariffs on some products

* Tech leads rally among major S&P sectors

* Apple biggest boost due to iPhone implications

* Only real estate and utilities sectors trade lower

* Indexes up: Dow 1.59%, S&P 1.54%, Nasdaq 1.94% (Changes comment, updates prices)

By Amy Caren Daniel and Arjun Panchadar

Aug 13 (Reuters) – U.S. stocks surged more than 1.5% on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 4% rally in shares of iPhone maker Apple Inc.

In a statement, the administration also excluded video game consoles and certain items of footwear and clothing from the 10%

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