Following the rally seen late in the previous session, the major U.S. stock indexes have moved in opposite directions in morning trading on Thursday. While the Dow is extending yesterday's strong upward move, the tech-heavy Nasdaq is giving back ground.
Currently, the major averages remain on opposite sides of the unchanged line. The Nasdaq is down 109.03 points or 0.7 percent at 15,456.55, but the Dow is up 230.19 points or 0.6 percent at 36,157.62 and the S&P 500 is up 6.22 points or 0.1 percent at 4,716.07.
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