India, Aug. 21 -- Following the sell-off seen during the previous session, stocks moved back to the upside during trading on Friday. The major averages all moved notably higher on the day, with the Dow showing a notable advance.

The major averages all ended the day in positive territory. The Dow jumped 517.80 points or 1 percent to 53,277.01, the Nasdaq climbed 113.29 points or 0.4 percent to 26,180.45 and the S&P 500 rose 33.21 points or 0.4 percent at 7,674.37.

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