India, July 23 -- Stocks moved mostly higher during trading on Wednesday, with the major averages all moving to the upside after ending Tuesday's session narrowly mixed. With the upward move, the Nasdaq and the S&P 500 reached new record closing highs.
The major averages ended the day just off their highs of the session. The Dow jumped 507.85 points or 1.1 percent to 45,010.20, the Nasdaq climbed 127.33 points or 0.6 percent to 21,020.02 and the S&P 500 advanced 49.29 points or 0.8 percent to 6,358.91.
The strength on Wall Street came after President Donald Trump announced trade deals with Japan and the Philippines.
The "largest ever" U.S. trade deal with Japan features a 15 percent tariff on Japanese exports and includes a commitment fr...