After showing a lack of direction early in the session, stocks have moved mostly higher over the course of the trading day on Wednesday. The major averages are hovering in positive territory after bouncing back and forth across the unchanged line in early trading.
The tech-heavy Nasdaq reached a new high for the session in recent trading and is currently up 89.37 points or 0.7 percent at 13,862.98. The S&P 500 is also up 16.01 points or 0.4 percent at 4,477.91, while the Dow is posting a more modest gain, up 29.74 points or 0.1 percent at 34,675.73.
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