Positive news overseas drove stocks higher on Wall Street Wednesday.
Lifting investor optimism: British lawmaker's approval of a law to delay Brexit, upbeat data on China's services sector, and Hong Kong's withdrawal of its controversial extradition bill.
The S&P 500 and Nasdaq added more than 1%.
Invesco chief global market strategist, Kristina Hooper: SOUNDBITE: INVESCO CHIEF GLOBAL MARKET STRATEGIST, KRISTINA HOOPER (ENGLISH) SAYING: "China didn't take a more aggressive stance but in fact acquiesced to a critical demand, a demand that actually started all the protests.
That's a very good sign, especially given how much a hit the Hong Kong economy has taken in the last few months because of the protests." Trade-sensitive chip makers like Intel and Nvidia shot higher, boosting other tech stocks.
Shares of Tyson Foods fell.
The meat processor cut its full year earnings forecast, citing a recent fire at a slaughterhouse and volatility in the commodity market.
Tapestry shares rallied.
Chairman Jide Zeitlin will replace long-time CEO Victor Luis.
The stock of the Coach handbag maker has fallen nearly 40% this year.