After showing a strong move to the upside early in the session, stocks remain mostly positive in mid-day trading on Wednesday. With the upward move on the day, the Dow has reached a new record intraday high.
Currently, the Dow is hovering near its best levels of the day, while the Nasdaq has pulled back well off its highs of the session. The Dow is up 399.65 points or 1.3 percent at 32,232.39, the Nasdaq is up 74.53 points or 0.6 percent at 13,148.36 and the S&P 500 is up 29.04 points or 0.8 percent at 3,904.48.
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