After closing lower for four consecutive sessions, stocks showed a substantial move back to the upside during trading on Wednesday. The major averages all moved sharply higher on the day, with the tech-heavy Nasdaq posting a standout gain.
The major averages pulled back off their highs going into the close but remained firmly positive. The Dow jumped 653.61 points or 2 percent to 33,286.25, the Nasdaq spiked 459.99 points or 3.6 percent to 13,255.55 and the S&P 500 surged 107.18 points or 2.6 percent to 4,277.88.
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