India, May 8 -- After ending yesterday's highly volatile session mostly higher, stocks are seeing further upside during trading on Thursday. With the upward move, the major averages have offset the pullback seen earlier in the week.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 231.53 points or 1.3 percent at 17,969.69, the Dow is up 408.81 points or 1.0 percent at 41,522.78 and the S&P 500 is up 54.23 points or 1.0 percent at 5,685.51.
The rally on Wall Street comes after President Donald Trump unveiled the framework of a trade agreement with the U.K., marking the first deal since he announced new tariffs on U.S. trade partners in early April.
While details of the deal were not immediately clear...