After moving mostly higher earlier in the day, stocks have given back some ground over the course of trading session on Friday. The major averages have pulled back off their best levels of the day but remain in positive territory.
Stocks have moved mostly higher in morning trading on Friday, adding to the substantial gains posted in the three previous sessions. With the upward move, the major averages have nearly offset the sell-off seen in reaction to the Brexit vote.
Stocks may show a lack of direction in early trading on Friday after moving sharply higher over the course of the three previous sessions. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 10 points.