Stocks moved sharply higher at the start of trading on Wednesday and continued to turn in a strong performance throughout the session. With the surge, the major averages ended the day at their best closing levels in about a month.

The major averages all showed substantial moves to the upside after ending Tuesday’s trading narrowly mixed. The Dow spiked 1,325.46 points or 2.9 percent to 47,909.92, the Nasdaq surged 617.15 points or 2.8 percent to 22,635.00 and the S&P 500 shot up 165.96 points or 2.5 percent to 6,782.81.

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