After initially showing a lack of direction, stocks have moved moderately higher over the course of morning trading on Wednesday. With the upward move, the major averages are extending the notable advance seen over the two previous sessions.
Currently, the major averages are just off their highs of the session. The Dow is up 132.80 points or 0.4 percent at 34,241.44, the Nasdaq is up 55.57 points or 0.5 percent at 11,312.39 and the S&P 500 is up 19.73 points or 0.5 percent at 4,039.38.
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