Following the extreme volatility seen during Wednesday's session, stocks moved sharply higher over the course of the trading day on Thursday. With the strong upward move, the Dow and the S&P 500 reached their best closing levels in nearly two months.
The major averages pulled back off their best levels going into the close but still posted significant gains. The Dow jumped 383.19 points or 1.1 percent to 34,029.69, the Nasdaq spiked 236.93 points or 2.0 percent to 12,166.27 and the S&P 500 surged 54.27 points or 1.3 percent to 4,146.22.
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