Stock Market Today: Stocks higher on trade talk optimism; Trump attacks Fed

U.S. stocks moved higher in late Thursday trading, rebounding from last night's tech-led selloff on Wall Street which dragged the S&P 500 to its lowest levels in a week, as investors looked to add to risky positions heading into the Easter holiday weekend. 

Updated at 1:10 PM EDT

Weekend bet

Markets are building gains into the final hours of trading, with the S&P 500 up 38 points and the Nasdaq rising 33 points, or 0.2% following some bullish remarks on trade talks from the White House.

Stocks are still on pace for their third consecutive weekly decline, however, with the Nasdaq down 13.3% for the month and the S&P 500 down 9.5% for the year.

"Uncertainty continues thanks to tariffs, and the market is closed tomorrow for Good Friday," said Louis Navellier of Navellier Calculated Investing. "That's a long time for Trump to make new announcements. Rest up; next week is a huge earnings week."

Updated at 11:03 AM EDT

Board games

Alphabet  (GOOGL)  shares moved firmly lower after a judge ruled that the Google parent has illegally monopolized certain portions of the online ad industry. 

U.S. District Judge Leonie Brinkema, however, ruled that that Department of Justice, which brough the case, failed to demonstrate that Google was also running a monopoly in the advertiser ad network market. 

That said, the ruling could theoretically allow the DoJ to argue for the breakup of the company, or demand major changes in its ad-based businesses. 

Google shares were last marked 2.07% lower in heavy trading volume to change hands at $152.28 each. 

Federal Judge says $GOOG monopolized some ad markets, stock down 2% (partial ruling) Section 2 of Sherman anti-trust act pic.twitter.com/dGuamFXlCH— Special Situations