India, July 2 -- Stocks moved mostly higher over the course of the trading session on Wednesday, with the Nasdaq and the S&P 500 moving back to the upside following the pullback seen during Tuesday's trading.

The Nasdaq and the S&P 500 more than offset yesterday's losses, once again reaching new record closing highs.

The tech-heavy Nasdaq jumped 190.24 points or 0.9 percent to 20,393.13 and the S&P 500 climbed 29.41 points or 0.5 percent to 6,227.42, although the narrower Dow edged down 10.52 points or less than a tenth of a percent to 44,484.42.

The strength on Wall Street came after President Donald Trump announced that he has reached a trade deal with Vietnam.

In a post on Truth Social, Trump said the terms of the deal call for Vietn...