Following the substantial pullback seen in the previous session, stocks showed a lack of direction over the course of the trading day on Wednesday. The major averages spent the day swinging back and forth across the unchanged line.
The major averages moved to the upside going into the close, managing to end the day in positive territory. While the Nasdaq climbed 86.10 points or 0.7 percent to 11,719.68, the S&P 500 rose 13.32 points or 0.3 percent to 3,946.01 and the Dow inched up 30.12 points or 0.1 percent to 31,135.09.
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