India, Feb. 10 -- After moving mostly higher early in the session, stocks continue to turn in a strong performance throughout the trading day on Monday. With the upward move, the major averages partly offset the steep losses posted last Friday.
The major averages moved roughly sideways in afternoon trading, hovering in positive territory. The Nasdaq jumped 190.87 points or 1.0 percent to 19,714.27, the S&P 500 climbed 40.45 points or 0.7 percent to 6,066.44 and the Dow rose 167.01 points or 0.4 percent to 44,470.41.
The rebound on Wall Street may partly have reflected bargain hunting, as traders picked up stocks at somewhat reduced levels following the sharp pullback seen last Friday.
While Friday's slump partly reflected new tariff thre...