After recovering from an early sell-off to end Monday’s session mostly higher, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line.
The major averages eventually ended the day narrowly mixed. While the Nasdaq inched up 1.16 points or less than a tenth of a percent to 22,697.10, the Dow edged down 34.29 points or 0.1 percent to 47,706.51 and the S&P 500 (SPI:SP500) dipped 14.51 points or 0.2 percent to 6,781.48.