After an initial move to the downside, stocks have shown a notable turnaround over the course of the trading session on Tuesday. The major averages have all climbed into positive territory, with the tech-heavy Nasdaq leading the way higher.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 129.54 points or 1.0 percent at 13,648.32, the S&P 500 is up 16.11 points or 0.4 percent at 4,382.09 and the Dow is up 73.71 points or 0.2 percent at 34,169.57.
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