India, May 7 -- Stocks have moved mostly higher during trading on Wednesday, regaining ground following the pullback seen over the two previous sessions. The major averages have all moved to the upside but remain well off last Friday's one-month highs.
The major averages have given back ground in recent trading but currently remain positive. The Dow is up 201.95 points or 0.5 percent at 41,030.95, the S&P 500 is up 18.58 points or 0.3 percent at 5,625.49 and the Nasdaq is up 37.51 points or 0.2 percent at 17,727.17.
The modest strength on Wall Street comes following news that Treasury Secretary Scott Bessent will meet with China's lead representative on economic matters during a trip to Switzerland on Thursday.
"My sense is that this wil...