Stocks have moved sharply higher in morning trading on Tuesday, extending the rally seen over the course of the previous session. With the continued upward move, the major averages have largely offset the steep losses posted last week.
The major averages have pulled back off their best levels in recent trading but currently continue to post strong gains. The Dow is up 320.77 points or 0.9 percent at 34,325.81, the Nasdaq is up 288.37 points or 2.6 percent at 11,432.11 and the S&P 500 is up 71.17 points or 1.8 percent at 4,061.73.
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