India, Feb. 4 -- Stocks moved mostly higher during trading on Tuesday, largely offsetting the weakness seen in the previous session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge.

The major averages finished the session just off their best levels of the day. The Nasdaq jumped 262.06 points or 1.4 percent to 19,654.02, the S&P 500 climbed 43.31 points or 0.7 percent to 6,037.88 and the Dow rose 134.13 points or 0.3 percent to 44,556.04.

The strength on Wall Street partly reflected easing concerns about a global trade war after President Donald Trump agreed to pause 25 percent tariffs on imports from Mexico and Canada for a month.

Positive sentiment may also have been regenerated in re...