After ending yesterday's session moderately lower following late-day volatility, stocks are likely to show a strong move to the upside in early trading on Thursday. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures jumping by 1.6 percent.
The considerable upward momentum on Wall Street comes as traders continue to digest the Federal Reserve's decision on Wednesday to slash interest rates by 50 basis points.
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