U.S. Stocks Move Moderately Higher Amid Light Trading
WASHINGTON (dpa-AFX) - Stocks have moved moderately higher in morning trading on Wednesday, offsetting the downturn seen over the course of the previous session. The major averages have all moved to the upside but remain below yesterday s record intraday highs.
Currently, the major averages are hovering in positive territory. The Dow is up 130.25 points or 0.4 percent at 30,465.92, the Nasdaq is up 43.08 points or 0.3 percent at 12,893.31 and the S&P 500 is up 13.18 points or 0.4 percent at 3,740.22.
The strength on Wall Street comes as traders make another attempt at window dressing going into the end of the year after profit taking set in following an early advance on Tuesday.
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