India, Aug. 3 -- Stocks have moved sharply higher during trading on Monday, extending the strong upward move seen over the two previous sessions. The major averages have all shown significant moves to the upside, with the tech-heavy Nasdaq leading the charge.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 453.65 points or 1.8 percent at 25,827.51, the S&P 500 is up 87.26 points or 1.2 percent at 7,576.98 and the Dow is up 577.75 points or 1.1 percent at 53,062.78.
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