"The signing of the trade deal is a welcome step in the de-escalation of the trade war which has weighed heavily on the US and global economies", said Luke Tilley, chief economist at money manager Wilmington Trust Corp.in Delaware.
Health care stocks accounted for much of the market's gains.
U.S. Treasurys gained, lowering the yield on the 10-year note by 2.6 basis points to 1.792 percent. Utilities and makers of household goods also rose. UnitedHealth Group rose 2.8% after solid fourth-quarter earnings report. But the deal does not remove existing tariffs. Investors had been eagerly awaiting the signing of the so-called phase one trade agreement as the conflict between the world's largest economies has dragged on for almost two years.
Expectations for the corporate earnings season were relatively low.
"We're expecting a reacceleration in the back end of the year, so any (company) guidance that brings any type of skepticism to that could threaten the recent rally we've had and the gains that we've accrued in the past few months", he said.
A survey of business conditions in various Federal Reserve districts, known as the Beige Book, was released on Wednesday, indicated economic activity expanded modestly during the final six weeks of 2019 and the labor market remained tight with businesses reporting difficulty finding workers, although there were job cuts in the manufacturing, transportation and energy sectors. Its stock rose 2.8%.
The deal commits China to do more to crack down on the theft of American technology and corporate secrets by its companies and state entities.
Other health insurers also moved higher. Microsoft rose 0.8% and Advanced Micro Devices gained 0.9%.
Ex-Louisville coach Bobby Petrino to Missouri State
He also spent part of one season coaching the NFL's Atlanta Falcons , where he coached 13 games in 2007 before abruptly resigning. However, after a 3-10 start, Petrino resigned in the middle of the season and returned to college football in 2008 at Arkansas.
Many investors, however, are already looking ahead to a potentially rosier earnings outlook once Washington and China resolve their trade dispute.
West Texas Intermediate crude oil added 0.5% to $58.10 a barrel. The pickup in mortgage applications reflects heightened demand for homes and suggests many people are eager to buy a home now rather than waiting for the traditional late-February start of the spring homebuying season.
And Target (TGT) lost 6.6% after reporting disappointing holiday same-store sales. Hovnanian Enterprises climbed 4.5%.
Target's comparable sales grew just 1.4 per cent in November and December, with weakness in electronics, toys and some other categories weighing on performance.
In commodities, USA crude oil futures tumbled 0.7% to $57.81 after new government data showed a huge increase in stockpiles of oil and processed fuels. Brent crude oil, the worldwide standard, dropped 49 cents to close at $64 a barrel. Heating oil declined 3 cents to $1.88 per gallon. The euro strengthened to $1.1150 from $1.1128.
The dollar rose to 109.88 Japanese yen from 109.93 yen on Tuesday.
UnitedHealth Group Inc UNH.N , the largest US health insurer, rose 2.8% as it affirmed its full-year outlook for 2020 adjusted earnings. The Shanghai Composite closed 0.5% lower.
Daniel Wright said: "The devastation to wildlife has been unimaginable ... most heartbreaking is the koala bears #SaveTheKoala". NASA is tracking smoke spreading around the globe, which Parmitano could easily see from space.
The Academy has since made strides to diversify its voting body, inviting a record 683 new members the following year. Quality is everywhere but most industries only believe in quality from one demographic.
No matter what happened, to a man on both sides, the teams kept plowing forward which made for a very dramatic and tense game. Steen tied it with 6:21 left on a backhand after Robert Thomas' pass found him all alone in front of the Flyers' net.
Officials had met with representatives from the CAF in Younde on Wendesday to discuss the date change for the tournament. A month later Caf announced that Cameroon had agreed to host the 2021 edition instead.
Pour sa troisième titularisation de rang aux dépens de Maxime Machenaud, le demi de mêlée a encore prouvé qui était le patron. Les Ciel et Blanc devront absolument s'imposer pour espérer finir dans les quatre meilleurs premiers.
The statement detailed Rocky's career, which began in the mid-1960s, leading him to the WWE in 1983 before his 1991 retirement. In March 2018, The Rock explained that he'd bought his father a bigger vehicle , a Cadillac, following a hip surgery.
We're about a month out from the release of Star Wars: The Rise of Skywalker , and the dust is finally settling. Coruscant is occupied by the First Order, and the Jedi Temple there becomes a major plot-point in the script.
L'ancienne ministre de l'Environnement est sur un siège éjectable, après avoir tancé à plusieurs reprises le gouvernement. La clarification en question semble en réalité signifier la fin de ses fonctions.
ValuEngine raised shares of UnitedHealth Group from a sell rating to a hold rating in a research report on Wednesday, October 2nd. The business had revenue of $275.40 million during the quarter, compared to analysts' expectations of $281.03 million.
Bellaire High School Student Shot, Gunman at Large
A 16-year-old student was shot to death Tuesday at a Texas high school, and a suspect was arrested hours later, officials said. There were conflicting media reports about whether the shooting occurred inside or outside of the school building.
Springboks nominated for Laureus Team of the Year
The World Cup-winning Springboks have been nominated in the Team of the Year category at this year's Laureus World Sports Awards. Tennis has come away with at least one win in 17 of the 20 awards shows.
Being rich "can add nine healthy years to your life"
Yet research has previously shown that such a divide has less to do with age and more to do with health care (or lack thereof). A new study found that those who are richest live much more years without disabilities than those who are poorest.