Stocks have shown a strong move to the upside in morning trading on Thursday, with the Dow reaching another new record intraday high. Technology stocks have helped lead the way higher, resulting in a sharp increase by the tech-heavy Nasdaq.
Currently, the major averages are all posting notable gains, although the Nasdaq is outperforming its counterparts. While the Nasdaq is up 251.24 points or 1.9 percent at 13,320.07, the Dow is up 270.03 points or 0.8 percent at 32,567.05 and the S&P 500 is up 40.85 points or 1.1 percent at 3,939.66.
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