India, May 2 -- After ending Thursday's session off their best levels but still mostly higher, stocks have shown another strong move to the upside during trading on Friday. With the upward move, the major averages have reached their best intraday levels in a month.
Currently, the major averages are off their highs of the session but still firmly positive. The Nasdaq is up 221.12 points or 1.3 percent at 17,931.86, the S&P 500 is up 66.85 points or 1.2 percent at 5,670.99 and the Dow is up 435.00 points or 1.1 percent at 41,187.96.
The continued strength on Wall Street comes following the release of a closely watched Labor Department report showing U.S. job growth far exceeded economist estimates in the month of April.
The Labor Departmen...