Stocks showed a strong move to the upside at the start of trading on Wednesday but have given back some ground over the course of the morning. The major averages have pulled back well off their highs of the young session.
Currently, the major averages all remain in positive territory, although the Dow is up just 113.32 points or 0.3 percent at 34,411.05. The tech-heavy Nasdaq is up 200.80 points or 1.5 percent at 13,740.10 and the S&P 500 is up 38.28 points or 0.9 percent at 4,394.73.
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