Markets are about to hit new highs and the Dow is expected to continue to move higher for the first time this morning.

Analysts are forecasting the Dow to rise at least 10% for the day.

“Wall Street has been predicting a significant gain today for quite some time, so this is a bit of a surprise to us,” says John Harkins, chief market strategist at UBS Wealth Management.

“This is going to be a good day for the markets, and it’s going to put pressure on the market to close.”

The Dow is already at record highs and has hit a new high of 18,938.50 this morning, its biggest one-day gain since May 2, 2012.

The Dow has risen nearly 100% since June 8, when the Dow was at 21,838.43.

On Friday, the Nasdaq is set to move up by 1.2%.

The Nasdaq has rallied more than 9% so far this year, and has added about 200,000 shares in the process.

Analytics say that the market has seen a number of other major indexes tumble since the start of the year, but this is the first major rally in stocks in more than two weeks.

“We’ve seen a lot of volatility over the past week or so, but now that we’re seeing a little bit more of it, we’re expecting a bit more movement,” says David Hoeffner, chief investment strategist at BNP Paribas.

“The big question is: What is the end game?”

For the moment, stocks appear to be in a downward spiral, with the S&P 500 down about 3.7%.

The Dow and Nasdaq are the only two large indexes that are both expected to rise.

The Dow is now up about 3% for a total of 6,500 points this morning according to the S.&amp)amp.

Dow.

The NasDAQ is up about 5% for an average of 6.1 points.

The S&am Index is up 1% for about 1,300 points.

A new record high of 21,942.50 is set for the Dow on the Nasd.

The move by the Dow has sent the NasDAQ down about 10% since mid-June, when it hit a record high.

For more market news, check out MarketWatch’s MarketWatch podcast, which features the best of our coverage.

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