After showing a strong move to the upside early in the session, stocks have given back some ground over the course of the trading day on Monday. The Dow and the S&P 500 have pulled back well off their highs of the session, although the tech-heavy Nasdaq is holding on to a strong gain.
Currently, the major averages all remain positive, with the Nasdaq outperforming its counterparts. While the Nasdaq is up 138.65 points or 1.1 percent at 12,516.53, the Dow is up 63.70 points or 0.2 percent at 30,110.07 and the S&P 500 is up 13.24 points or 0.4 percent at 3,676.70.
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