After moving sharply higher early in the session, stocks continue to see significant strength in afternoon trading on Wednesday. The major averages have moved than offset yesterday's losses, with the Dow and the S&P 500 reaching three-month highs.
The major averages have moved roughly sideways in recent trading, hovering near their best levels of the day. The Dow is up 487.06 points or 1.5 percent at 33,246.47, the Nasdaq is up 324.46 points or 2.6 percent at 12,818.39 and the S&P 500 is up 80.59 points or 2 percent at 4,203.06.
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