India, April 24 -- Adding to the strong gains posted in the two previous sessions, stocks moved sharply higher during trading on Thursday. The Nasdaq showed a particularly strong move to the upside, reflecting strength among tech stocks.
The major averages ended the session just off their best levels of the day. The Nasdaq spiked 457.99 points or 2.7 percent to 17,166.04, the S&P 500 surged 108.91 points 2.0 percent at 5,484.77 and the Dow jumped 486.83 points or 1.2 percent to 40,093.40.
With the strong upward move, the Nasdaq and the S&P 500 finished the session t their best closing levels since the day President Donald Trump initially announced his "reciprocal tariff" plan.
Semiconductor stocks turned in some of the market's best perf...