With technology stocks turning in a strong performance, the Nasdaq has shown a substantial move to the upside during trading on Thursday. The tech-heavy index is extending the surge seen late in the previous session, reaching its best intraday level since last September.
Currently, the Nasdaq is hovering near its best levels of the day, up 375.01 points or 3.2 percent at 12,191.33. The S&P 500 is also up 59.24 points or 1.4 percent at 4,178.45 after reaching a five-month intraday high.
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