Stocks moved sharply higher during trading on Thursday, regaining ground following the weakness seen to start the holiday-shortened week. The major averages all showed strong moves to the upside, with the Nasdaq leading the way higher.
The major averages moved roughly sideways going into the close, holding on to strong gains. The Nasdaq spiked 264.80 points or 2.6 percent to 10,478.09, the S&P 500 surged 66.06 points or 1.8 percent to 3,849.28 and the Dow jumped 345.09 points or 1.1 percent to 33,220.80.
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