Stocks showed a strong move to the upside in early trading on Wednesday but gave back ground over the course of the session. The major averages pulled back well off their highs of the session in afternoon trading, with the Dow sliding into negative territory.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside after pulling back well off their highs late in the previous session.
With traders reacting to a slew of U.S. economic data, stocks are mostly higher during trading on Thursday. The major averages have all moved to the upside after ending the previous session mixed following an afternoon pullback.
Stocks moved mostly higher in early trading on Thursday but have given back ground over the course of the session. The major averages have pulled back off their highs of the session, with the Dow and the Nasdaq briefly dipping below the unchanged line.
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