Stocks continue to show a lack of direction in mid-day trading on Thursday, extending the lackluster performance seen earlier in the session. The major averages have spent the day bouncing back and forth across the unchanged line.
After moving notably higher over the past few sessions, stocks are turning in a lackluster performance in morning trading on Thursday. The major averages have been showing modest moves, holding close to the unchanged line.
While trading activity may be somewhat subdued ahead of the long weekend, stocks may attempt to extend their recent upward move in early trading on Thursday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 14 points.