India, May 5 -- Stocks have moved mostly higher over the course of the trading day on Tuesday, more than offsetting the weakness seen in the previous session. With the upward move, the tech-heavy Nasdaq has reached a new record intraday high.
Currently, the major averages are hovering near their best levels of the day. The Nasdaq is up 242.37 points or 1 percent at 25,310.17, the S&P 500 is up 58.11 points or 0.8 percent at 7,258.86 and the Dow is up 327.04 points or 0.7 percent at 49,268.94.
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