Stocks moved sharply higher during trading on Thursday, extending the rally seen over the two previous sessions. The major averages all showed substantial moves to the upside on the day.
The major averages ended the day firmly in positive territory but off their highs of the session. The Dow jumped 542.58 points or 2 percent to 28,390.24, the Nasdaq spiked 300.15 points or 2.6 percent to 11,890.93 and the S&P 500 surged up 67.01 points or 2 percent to 3,510.45.
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