U.S. Stocks Little Changed In Mid-Day Trading

(RTTNews) - After showing a lack of direction early in the session, stocks continue to turn in a lackluster performance in mid-day trading on Friday. The major averages are showing only modest moves after ending the previous session mixed.

Currently, the major averages are on opposite sides of the unchanged line. While the Nasdaq is down 26.14 points or 0.2 percent at 11,016.36, the Dow is up 47.94 points or 0.2 percent at 27,944.66 and the S&P 500 is up 2.60 points or 0.1 percent at 3,376.03.

Traders seem reluctant to make more significant moves amid uncertainty about the near-term outlook for the markets.

The S&P 500 once again failed to reach a new record high during trading on Thursday, raising concerns recent upward momentum on Wall Street may have reached its limit.

With earnings season largely in the rear-view mirror and talks about a new coronavirus relief bill at a stalemate, traders may be unsure about the next catalyst to drive the markets.
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