After moving sharply lower at the start of trading, stocks staged a stunning turnaround over the course of the trading session on Thursday. The tech-heavy Nasdaq showed a particularly strong rebound after hitting its lowest intraday level in almost a year.
The Nasdaq spiked 436.10 points or 3.3 percent to 13,473.59 after tumbling by as much as 3.4 percent in early trading. The Dow also rose 92.07 points or 0.3 percent to 33,223.83 after plunging by nearly 860 points, while the S&P 500 jumped 63.20 points or 1.5 percent at 4,288.70.
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