Wednesday, 11 February 2015

Stocks Continue To Show A Lack Of Direction In Mid-Day Trading - U.S. Commentary

After ending the previous session notably higher, stocks have shown a lack of direction throughout the trading day on Wednesday. The major averages have spent the day on opposite sides of the unchanged line, although the tech-heavy Nasdaq has managed to reach its best intraday level in over a month.
Currently, the major averages continue to turn in a mixed performance. While the Nasdaq is up 18.55 points or 0.4 percent at 4,806.19, the Dow is down 34.26 points or 0.2 percent at 17,834.50 and the S&P 500 is down 1.02 points or 0.1 percent at 2,067.57.
The lackluster performance on Wall Street largely reflects uncertainty about ongoing Greek debt negotiations, with Greek Finance Minister Yanis Varoufakis meeting with the other European finance ministers today in Brussels.

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