India, July 14 -- Stocks have shown a lack of direction over the course of the trading session on Monday, with the major averages bouncing back and forth across the unchanged line following the modest pullback seen during last Friday's session.

Currently, the major averages are narrowly mixed. While the Nasdaq is up 33.86 points or 0.2 percent at 20,619.38, the Dow is down 10.50 points or less than a tenth of a percent at 44,361.01 and the S&P 500 1.51 points or less than a tenth of a percent at 6,258.24.

The choppy trading on Wall Street comes despite President Donald Trump's threats to impose 30 percent tariffs on imports from the European Union and Mexico beginning August 1st.

Trump claimed in a post on Truth Social early this morning...