U.S. Stocks Seeing Modest Weakness In Mid-Day Trading

(RTTNews) - After showing a lack of direction earlier in the session, stocks are seeing modest weakness in mid-day trading on Thursday. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued.

The major averages have climbed off their lows in recent trading but remain in the red. The Dow is down 59.07 points or 0.2 percent at 27,724.52, the Nasdaq is down 34.92 points or 0.4 percent at 8,447.18 and the S&P 500 is down 7.27 points or 0.2 percent at 3,086.77.

The modest weakness on Wall Street comes amid concerns U.S.-China talks could drag on despite previous indications the signing of a phase trade deal was imminent.

Traders seem reluctant to make more significant moves, however, as they remain wary of missing out on any further upside.

The markets have recently shown intense reactions to reports about the trade talks, and an upbeat report could send stocks surging to record highs once again.
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