India, May 20 -- Following the weakness seen in the previous session, stocks have shown a strong move back to the upside during trading on Wednesday. The major averages have all climbed firmly into positive territory, with the tech-heavy Nasdaq leading the way higher.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 297.39 points or 1.2 percent at 26,168.10, the S&P 500 is up 58.36 points or 0.8 percent at 7,411.97 and the Dow is up 373.25 points or 0.8 percent at 49,737.13.
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