U.S. Stocks Remain Mostly Positive In Mid-Day Trading

(RTTNews) - After moving to the upside early in the session, stocks remain mostly positive in mid-day trading on Thursday. The Nasdaq and the S&P 500 have reached new record intraday highs, although trading activity has remained subdued following the holiday on Wednesday.

Currently, the major averages are holding on to gains. The Dow is up 61.50 points or 0.2 percent at 28,576.95, the Nasdaq is up 47.88 points or 0.5 percent at 9,000.76 and the S&P 500 is up 10.08 points or 0.3 percent at 3,233.46.

The markets continue to benefit from recent upward momentum, which has helped stocks continually reach new record highs in recent sessions.

The likely signing of a phase one U.S.-China trade deal has helped to maintain positive sentiment on Wall Street over the past couple weeks.

Stocks have continued to trudge higher despite a lack of major catalysts, with traders seemingly reluctant to cash in on recent gains amid worries about missing out on further upside.
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