U.S. Stocks Move Higher As Jobs Data Adds To Rate Cut Optimism

After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Wednesday. While the Nasdaq and the S&P 500 posted modest gains, the narrower Dow showed a more notable move to the upside.The major averages all finished the day in positive territory. The Dow jumped 408.44 points or 0.9 percent to 47,882.90, the Nasdaq rose 40.42 points or 0.2 percent to 23,454.09 and the S&P 500 climbed 20.35 points or 0.3 percent to 6,849.72.The advanced by the Dow c ...