India, Oct. 15 -- Stocks extended Wednesday's slump in early trading on Thursday but showed a considerable turnaround over the course of the session. The major averages all moved to the upside as the day progressed, with the Dow jumping to its best closing level in a month.
The Dow shot up 556.21 points or 1.1 percent to 52,177.69 amid strong gains by Nike (NKE), Salesforce (CRM) and Home Depot (HD).
The S&P 500 also rose 25.12 points or 0.3 percent to 7,744.06, while the tech-heavy Nasdaq spent most of the day in negative territory but managed to end the day up 20.16 points or 0.1 percent at 26,713.03.
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