Following the mixed performance seen in Thursday's session, stocks moved sharply higher over the course of the trading day on Friday. The major averages all showed strong moves to the upside, with the Dow reaching a two-month closing high.
The major averages reached new highs going into the close of trading. The Dow surged 828.52 points or 2.6 percent to 32,861.80, the Nasdaq shot up 309.78 points or 2.9 percent to 11,102.45 and the S&P 500 jumped 93.76 points or 2.5 percent to 3,901.06.
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