India, March 27 -- After coming under pressure early in the session, stocks have regained ground over the course of the trading day on Thursday. The major averages have climbed well off their worst levels of the day and into positive territory.
Currently, the major averages are posting modest gains. The Nasdaq is up 51.79 points or 0.3 percent at 17,950.81, the S&P 500 is up 13.04 points or 0.2 percent at 5,725.24 and the Dow is up 21.60 points or 0.1 percent at 42,476.39.
The early weakness on Wall Street came amid ongoing concerns about President Donald Trump's trade policies after he announced plans to impose 25 percent tariffs on auto imports.
Selling pressure was somewhat subdued, however, as the news may already have been priced in...