Stocks initially extended their recent upward trend in early trading on Thursday but have given back ground over the course of the session. The major averages have pulled back well off their highs of the session.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 20.19 points or 0.1 percent at 22,775.35, the S&P 500 is down 12.05 points or 0.2 percent at 6,699.15 and the Dow is down 153.45 points or 0.3 percent at 46,287.65.
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