After an initial move to the downside, stocks regained ground over the course of the trading session on Wednesday. The major averages climbed well off their worst levels of the day and eventually closed in positive territory.
The major averages all finished the day higher, with the tech-heavy Nasdaq leading the advance. While the Nasdaq jumped 110.45 points or 0.9 percent to 12,070.59, the S&P 500 rose 11.47 points or 0.3 percent to 4,147.60 and the Dow inched up 38.78 points or 0.1 percent to 34,128.05.
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