U.S. Stocks Regaining Ground As Crude Oil Prices Pull Back Sharply

(RTTNews) - Stocks have moved mostly higher during trading on Wednesday, regaining ground following the pullback seen to start the week. The Nasdaq and S&P 500 have climbed firmly into positive territory, although the narrower Dow is lingering near the unchanged line. Currently, the Nasdaq is just off its highs of the session, up 215.32 points or 0.8 percent at 26,196.89. The S&P 500 is also up 30.80 points or 0.4 percent at 7,616.53, while the Dow is down 30.08 points or 0.1 percent at 52,063.03. The rebound on Wall Street comes as traders look to pick up stocks at somewhat reduced levels following recent weakness, with the S&P 500 bouncing off its lowest closing level in over a month.