India, April 1 -- After moving to the downside early in the session, stocks have moved mostly higher over the course of the trading day on Tuesday. The major averages have climbed well off their worst levels and into positive territory, with the tech-heavy Nasdaq leading the rebound.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 127.87 points or 0.7 percent at 17,427.16, the S&P 500 is up 17.78 points or 0.3 percent at 5,629.63 and the Dow is up 51.14 points or 0.1 percent at 42,052.90.
The strength on Wall Street may partly reflect bargain hunting following recent weakness on Wall Street, which saw the Nasdaq and S&P 500 hit six-month intraday lows on Monday before regaining ground.
While the S&...