Stocks have moved sharply higher in morning trading on Monday, regaining ground following the steep drop seen last week. The major averages have all shown significant moves back to the upside.
Currently, the major averages are just off their highs of the session. The Dow is up 348.05 points or 1.1 percent at 33,164.97, the Nasdaq is up 165.25 points or 1.5 percent at 11,560.19 and the S&P 500 is up 46.61 points or 1.2 percent at 4,016.65.
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