India, July 3 -- After moving mostly higher over the course of Wednesday's session, stocks saw continued strength during trading on Thursday. With the continued advance, the Nasdaq and the S&P 500 once again reached new record closing highs.
The major averages moved roughly sideways after an early upward move, hovering firmly in positive territory. The Nasdaq jumped 207.97 points or 1.0 percent to 20,601.10, the S&P 500 advanced 51.93 points or 0.8 percent to 6,279.35 and the Dow climbed 344.11 points or 0.7 percent to 44,828.53.
The continued strength on Wall Street came following the release of a closely watched Labor Department report showing employment in the U.S. increased by more than expected in the month of June.
The Labor Depart...