After initially showing a lack of direction, stocks have moved modestly lower over the course of the trading session on Thursday. Selling pressure has remained subdued, however, limiting the downside for the markets.
Stocks are showing a lack of direction in early trading on Thursday after moving mostly higher over the course of the two previous sessions. The major averages have been bouncing back and forth across the unchanged line.
After moving higher over the course of the two previous sessions, stocks may give back some ground in early trading on Thursday. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 25 points.