After failing to sustain an initial move to the upside, stocks have shown a lack of direction over the course of the trading day on Tuesday. The major averages pulled back off their highs and have recently been bouncing back and forth across the unchanged line.
The Dow jumped by more than 180 points in early trading but is currently up just 3.59 points or less than a tenth of a percent at 30,407.56. The S&P 500 is up 4.82 points or 0.1 percent at 3,740.18, while the Nasdaq is down 22.64 points or 0.2 percent at 12,876.79.
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