India, June 24 -- After moving notably higher over the course of the previous session, stocks have shown another strong move to the upside during trading on Tuesday. With the extended rally, the Nasdaq and the S&P 500 have reached their best intraday levels in four months.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 288.43 points or 1.5 percent at 19,919.40, the S&P 500 is up 65.46 points or 1.1 percent at 6,090.63 and the Dow is up 481.68 points or 1.1 percent at 43,063.46.
The continued strength on Wall Street comes after President Donald Trump announced a ceasefire between Israel and Iran is now in effect.
"On the assumption that everything works as it should, which it will, I would like to ...