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U.S. Stocks Move Mostly Higher As Data Eases Interest Rate Concerns

Stocks have moved mostly higher during trading on Wednesday, extending the upward move seen over the two previous sessions. The major averages have all moved to the upside, with the Dow climbing further off last Friday's seven-month closing low.

Currently, the major averages are just off their highs of the session. The Dow is up 193.84 points or 0.6 percent at 33,246.71, the Nasdaq is up 106.88 points or 0.8 percent at 12,958.11 and the S&P 500 is up 29.81 points or 0.7 percent at 4,223.61.

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by RTTNews Staff Writer

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