India, Aug. 4 -- The major averages on Wall Street have moved sharply higher on Tuesday, extending the strong upward move seen over the past several sessions.
The major averages all showed significant moves to the upside, with the Dow, NASDAQ and S&P 500 all hitting fresh record closing highs.
The Dow rallied 907.47 points or 1.71 percent to finish at 54,085.88, while the NASDAQ soared 671.10 points or 2.59 percent to end at 26,584.99 and the S&P 500 jumped 136.02 points or 1.79 percent to close at 7,736.52.
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