Stocks showed a strong move to the upside during trading on Wednesday, more than offsetting the pullback seen over the two previous sessions. With the upward move, the Nasdaq and the S&P 500 reached new record closing highs.
The Nasdaq and S&P 500 saw further upside going into the close, ending the day just off their highs of the session. The Nasdaq surged 397.60 points or 1.6 percent to 24,657.57 and the S&P 500 jumped 73.89 points or 1.1 percent to 7,137.90.
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