Stocks have moved mostly higher during trading on Thursday, lifting the S&P 500 to a new record intraday high. The Nasdaq has also reached its best intraday level in over two months amid strength among tech stocks.

Currently, the Nasdaq and S&P 500 are off their highs of the session but still firmly positive. The Nasdaq is up 240.00 points or 0.9 percent at 26,828.49, while the S&P 500 is up 56.00 points or 0.7 percent at 7,804.50.

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