India, May 22 -- Stocks have moved mostly higher during trading on Friday, adding to the modest gains posted in the previous session. The major averages have all moved to the upside, with the Dow reaching a new record intraday high.
Currently, the major averages are off their highs of the session but still in positive territory. The Dow is up 283.82 points or 0.6 percent at 50,569.48, the Nasdaq is up 120.54 points or 0.5 percent at 26,413.63 and the S&P 500 is up 33.74 points or 0.5 percent at 7,479.46.
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