India, April 9 -- After coming under pressure over the course of the previous session, stocks have shown a lack of direction during trading on Wednesday. The major averages have spent the day bouncing back and forth across the unchanged line.
Currently, the major averages are all in positive territory. The Nasdaq is up 181.36 points or 1.2 percent at 15,449.27, the S&P 500 is up 21.36 points or 0.4 percent at 5,004.13 and the Dow is up 120.20 points or 0.3 percent at 37,765.79.
The choppy trading on Wall Street comes as traders digest the latest news on tariff front while trying to determine whether the markets have reached a bottom following the recent nosedive.
After President Donald Trump's new tariffs, including a 104 percent total l...