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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