Stock market surge to session highs helps benchmarks reclaim April gains – MarketWatch

An afternoon rally on Thursday was driving stocks sharply higher, and pushing the three main benchmarks back into the black for the month. The Dow Jones Industrial Average DJIA, +1.22% was up nearly 300 points, or 1.2%, at 24,366, on the back of gains in Visa Inc. V, +4.80% and Home Depot Inc. HD, +4.57% The S&P 500 index SPX, +1.32% climbed 1.1% to 2,668 as the technology sector was jolted higher on better-than-expected corporate results from Facebook Inc. FB, +9.84% while the technology-laden Nasdaq Composite Index COMP, +1.91% rallied 1.6% at 7,116. The surge higher helped the three main U.S. equity gauges to recapture monthly gains, with the Dow up 1.1% so far in April, the S&P 500 returning 1% and the Nasdaq up 0.8%. All three had slipped into negative territory for April, earlier in the week.