India, May 2 -- After an initial move to the upside, stocks have fluctuated over the course of the trading session on Thursday. The major averages pulled back off their early highs and briefly dipped below the unchanged line but have moved back to the upside since then.
Currently, the major averages are all in positive territory. The Dow is up 149.12 points or 0.4 percent at 38,052.41, the Nasdaq is up 90.18 points or 0.6 percent at 15,695.66 and the S&P 500 is up 15.62 points or 0.3 percent at 5,034.01.
The early strength on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday.
Stocks may have benefitted from easing concerns the Fed's next monetary policy move could actually be ...