With traders digesting a highly anticipated report on consumer price inflation, stocks have shown a lack of direction over the course of trading on Wednesday. The major averages have spent the morning bouncing back and forth across the unchanged line.
Currently, the major averages are posting modest gains. The Dow is up 66.10 points or 0.2 percent at 34,712.09, the Nasdaq is up 43.20 points or 0.3 percent at 13,816.81 and the S&P 500 is up 10.86 points or 0.2 percent at 4,472.76.
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