India, Aug. 8 -- After turning mixed over the course of the previous session, stocks have moved mostly higher during trading on Friday. The major averages have all moved to the upside, with the tech-heavy Nasdaq closing in on last Thursday's record intraday high.
Currently, the major averages are firmly in positive territory. The Nasdaq is up 178.81 points or 0.8 percent at 21,421.50, the S&P 500 is up 46.04 points or 0.7 percent at 6,386.04 and the Dow is up 230.34 points or 0.5 percent at 44,198.98.
The strength that has emerged on Wall Street comes as traders shrug off concerns about the economic impact of President Donald Trump's new tariffs on dozens of U.S. trading partners that took effect at midnight.
With the upward move on the ...