Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday's session. With the upward move, the major averages further offset the weakness seen earlier in the week.
The tech-heavy Nasdaq reached new highs for the session going into the end of the day, closing up 301.26 points or 1.3 percent at 23,307.62. The S&P 500 also jumped 59.74 points or 0.9 percent to 6,834.50, while the narrower Dow rose 183.04 points or 0.4 percent to 48,134.89.
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