India, July 23 -- Following the mixed performance seen in the previous session, stocks have moved modestly higher during trading on Wednesday. The major averages have al moved to the upside, although buying interest appears somewhat subdued.

Currently, the major averages are off their highs of the session but still in positive territory. The Dow is up 239.55 points or 0.5 percent at 44,741.99, the Nasdaq is up 36.52 points or 0.2 percent at 20,929.21 and the S&P 500 is up 21.99 points or 0.4 percent at 6,331.61.

The modest strength on Wall Street comes 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 includ...