After an initial move to the upside, stocks have given back ground over the course of the trading session on Wednesday. The major averages have pulled back well off their highs of the session, with the Dow and the S&P 500 falling into negative territory.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 41.94 points or 0.3 percent at 12,221.50, the S&P 500 is down 2.85 points or 0.1 percent at 4,116.32 and the Dow is down 152.25 points or 0.5 percent at 33,409.56.
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