India, Nov. 4 -- Following the mixed performances seen in the two previous sessions, the major U.S. stock indexes all showed significant moves to the upside. The Dow showed a particularly strong upward move, reaching a two-month closing high.

The major averages gave back some ground going into the end of the day but remained sharply higher. The Dow surged 1,569.40 points or 3 percent to 53,356.12, the S&P 500 jumped 119.70 points or 1.6 percent to 7,688.62 and the Nasdaq shot up 364.50 points or 1.4 percent to 25,736.51.

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