Stocks have shown a strong move to the upside in morning trading on Thursday, extending the rally seen in the previous session. With the continued advance, the major averages have reached their best intraday levels in three months.
The major averages have pulled back off their highs in recent trading but remain firmly positive. The Dow is up 289.81 points or 0.9 percent at 33,599.32, the Nasdaq is up 129.30 points or 1 percent at 12,984.10 and the S&P 500 is up 38.82 points or 0.9 percent at 4,249.06.
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