Stocks showed a strong move to the upside in early trading on Thursday but gave back ground over the course of the session. The major averages showed a notable downturn after reaching their best intraday levels in three months.
The major averages eventually finished the day mixed. The tech-heavy Nasdaq jumped as much as 1.3 percent but ended the day down 74.89 points or 0.6 percent to 12,779.92. The S&P 500 also edged down 2.97 points or 0.1 percent to 4,207.27, while the narrower Dow inched up 27.16 points or 0.1 percent to 33,336.67.
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