India, Oct. 6 -- Stocks have moved mostly higher during trading on Tuesday, extending the upward trend seen over the past few sessions. The major averages have all moved to the upside, with the Nasdaq and S&P 500 reaching new record intraday highs.

Currently, the major averages are just off their highs of the session. The Nasdaq is up 217.83 points or 0.8 percent at 27,695.14, the S&P 500 is up 54.97 points or 0.7 percent at 7,828.92 and the Dow is up 262.13 points or 0.5 percent at 51,530.03.

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