Technology Stocks Leading Rebound On Wall Street

Stocks have shown a strong move to the upside during trading on Wednesday, more than offsetting the pullback seen in the previous session. The Nasdaq and S&P 500 have moved sharply higher, although the narrower Dow has bucked the uptrend.

Currently, the Nasdaq is up 423.73 points or 1.7 percent at 25,489.61 and the S&P 500 is up 82.37 points or 1.1 percent at 7,603.30. The Dow, on the other hand, is down 40.89 points or 0.1 percent at 52,191.00.