After an initial move to the downside, stocks have shown a lack of direction over the course of the trading day on Thursday. The major averages climbed off their early lows but have been bouncing back and forth across the unchanged line since then.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 48.66 points or 0.4 percent at 13,550.86, the S&P 500 is down 1.88 points or less than a tenth of a percent at 4,363.81 and the Dow is down 61.91 points or 0.2 percent at 33,889.61.
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