India, Feb. 6 -- After moving mostly higher over the two previous sessions, stocks have shown a lack of direction over the course of the trading day on Thursday. The major averages have spent much of the day lingering near the unchanged line.

Currently, the major averages are narrowly mixed. While the Dow is down 91.33 points or 0.2 percent at 44,781.95, the Nasdaq is up 39.42 points or 0.2 percent at 19,731.75 and the S&P 500 is up 14.26 points or 0.2 percent at 6,075.74.

The choppy trading on Wall Street comes as traders seem reluctant to make significant moves ahead of the release of the Labor Department's closely watched monthly jobs report on Friday.

The report, which is expected to show employment climbed by 170,000 jobs in January...