After showing a strong move to the upside early in the session, stocks continue to see considerable strength in afternoon trading on Monday. With the upward move, the major averages are extending the significant rebound seen last Friday.
In recent trading, the Nasdaq and the S&P 500 have reached new highs for the session. While the Nasdaq is up 249.85 points or 2.2 percent at 11,390.28, the S&P 500 is up 59.91 points or 1.5 percent at 4,032.52 and the Dow is up 336.83 points or 1.0 percent at 33,712.32.
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