The Dow Jones Industrial Average gained 0.3 per cent to finish at 29,030.22, and the broad-based S&P 500 added 0.2 per cent to 3,289.30. The nation's largest health insurer, UnitedHealth Group, will report earnings on Wednesday and railroad operator CSX will report on Thursday. In addition, the promise of a "Phase 1" trade deal between the US and China has helped lift markets in recent weeks, easing investors' concerns of further escalation in the costly conflict. But the S&P ASX 200 climbed 0.5% and broke an intraday record high to 6,994.80.
The S&P 500 .SPX gained 0.19% to 3,289.3, its highest ever close.
"My guess is that it (bank earnings) is going to be more good news than bad news and a lot of that is driven by the kick up in demand across the board whether it's demand from consumers or corporates".
Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) closed down 0.2% at 9,251.33. -China trade deal is set to be signed on Wednesday in Washington. Washington is expected to suspend planned tariff increases on Chinese imports in exchange for commitments by Beijing to step up orders of a range of USA products.
The Dow rose 0.1% to 28,939.67, while the Russell 2000 Small Business Index rose 0.4% to 1,675.74.
Gains extended after the US was reported to plan lifting the currency-manipulator label from China, a move that was confirmed after the market closed.
China has pledged to buy almost an additional $80 billion of manufactured goods from the United States over the next two years, and over $50 billion more in energy supplies, Reuters reported, citing a source briefed on the Phase 1 trade deal.
Delta Air Lines rose 3.3 percent after the company increased its fourth-quarter profit to $1.1 billion by adding more flights over the holiday period and packing them even more full of passengers.
Other European automobile stocks also fell after China's top auto body reiterated predictions that sales were likely to shrink for the third consecutive year in 2020.
President Trump and China's chief negotiator, Liu He, are scheduled to sign a modest trade agreement Wednesday that calls for the United States to ease some sanctions on China.
Yields on 10-year German bunds rose to -0.19%, while yields on the German two-year government bond hit a nine-month high ahead of the signing of the U.S.
The trade deal may only mark a "detente" in trade tensions, said Stephen Innes of AxiTrader.
Beijing, meanwhile, will step up its purchases of US farm products and other goods.
Wall Street expects corporate profits for S&P 500 companies in the last three months of 2019 to be down by 2%.
The February crude contract was down 68 cents at US$57.55 per barrel and the February natural gas contract was down 5.7 cents at US$2.13 per mmBTU. It rose 15 cents to $ 58.23 a barrel on Tuesday.
Brent crude settled down 78 cents at $64.20 a barrel, while West Texas Intermediate crude slid 96 cents to settle at $58.08 a barrel.
Gold rebounded and won $ 8.00 to $ 1,552.60 per ounce. Treasury yields edged up, while the yen fell past 110 per dollar.
Downey asked about the boy's condition to which Vincent's parent Nicole replied that they had a lot of red flags that cropped up. Robot , but their bromance is definitely mutual as Rami gushed: 'I have a big crush on you. "I can not thank you enough".
SpaceX is banking on this test to win NASA's trust after it asked private players to build spacecraft that can carry astronauts . SpaceX has fired up the booster that is going to fly their upcoming in-flight abort test of its Crew Dragon spacecraft .
NONE of us knew! "Was I the only one that didn't know?!" "I guess I'm not accepting the death fully even though it is done". Unfortunately, the battle cost Oliver his life, again, and now Stephen Amell has chimed in with his thoughts on Twitter .
Fitzgerald's future was a little uncertain after the Cardinals lost to the Rams on December 29 in the regular-season finale. Having now seen the legend firsthand, Kingsbury had a very simple sales pitch to keep Fitzgerald onboard.
The Chiefs open up as even heavier favorites, giving 7.5 points to a Titans team that beat them 35-32 in November. The Packers got blasted by the 49ers 37-8 during the Sunday night Week 12 meeting in San Francisco.
The machine keeps the liver at body temperature (37 degrees Celcius/98.6 degrees Fahrenheit), and removes bile from it. That said, the livers lost weight all over the seven days, dropping to around 25 percent of their usual mass.
We got to spend some time in my office talking about music but more than that they're proud parents of a new JC Firefighter. Last summer on Instagram , Scialfa posted congratulations to their youngest child, writing, "You followed your dreams".
Medvedev of Russian Federation abruptly resigned on Wednesday, shortly after his political patron, President Vladimir V. Russian President Vladimir Putin delivers his annual address to the Federal Assembly in Moscow, January 15, 2020.
Queen and Adam Lambert have confirmed that they will perform at a special charity concert for Australian bushfire relief. Rolling Stone said Lang will perform two songs, including her rendition of Leonard Cohen's "Hallelujah".
Scientists created living robots out of stem cells
According to a press release , scientists first used a supercomputer to design the new life-form that can move in a direction. What's more interesting is that the live robots were sliced into half and surprisingly, it stitched itself and kept going.
Friends and Highlander actor Stan Kirsch dies aged 51
Police sources confirm Stan's wife, Kristyn Green , found the actor hanged on Saturday afternoon in their bathroom. I have not been able to react to all of the texts, texts, emails - but've read or listened to each one of these.
Eagles’ Miles Sanders makes PFWA All-Rookie Team
Jordan Phillips led the Bills with 9.5 from the interior of Buffalo's defensive line, while Shaq Lawson notched 6.5. The three were also selected to the All-AFC team, as was rookie Diontae Johnson as a punt returner.
I Don't Pressure To Look Young Says Saif Ali Khan
At the song launch event in Mumbai , Alaya Furniturewala opens up about her debut with Saif Ali Khan in " Jawaani Jaaneman ". I think in case you're youthful on the most fundamental level and on the off chance that you feel better, it is alright.
Missing Ohio Teen Found Dead in Vacant Home's Chimney
On Tuesday the Amber Alert was cancelled because the "child has been recovered", according to the Ohio Attorney General's office. Police also had asked residents to review their home security footage, hoping that might offer clues about what happened.
Akon City Is Officially a Thing & It Has Its Own Currency
Celebrated American- Senegalese star, Akon , has announced the finalisation of the agreement to build his own city in Senegal. The deal has been sealed and the permission has been granted by the President of Senegal, Macky Sall.