Stocks have shown a lack of direction over the course of the trading session on Wednesday, with the major averages bouncing back and forth across the unchanged line. Despite the choppy trading, the Nasdaq and the S&P 500 reached new record intraday highs in early trading.
Currently, the major averages are posting modest gains. The Dow is up 60.89 points or 0.2 percent at 34,638.26, the Nasdaq is up 13.45 points or 0.1 percent at 14,677.09 and the S&P 500 is up 11.05 points or 0.3 percent at 4,354.59.
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