After moving mostly lower early in the session, stocks have shown a substantial turnaround over the course of the trading day on Friday. The major averages have climbed well off their early lows and firmly into positive territory.
The major averages have moved roughly sideways in recent trading, holding on to gains. The Nasdaq is up 160.22 points or 1.2 percent at 13,380.06, the S&P 500 is up 38.50 points or 0.9 percent at 4,296.69 and the Dow is up 242.80 points or 0.7 percent at 33,362.37.
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