India, Feb. 8 -- Following the strong upward move seen over the course of the previous session, stocks are turning in a relatively lackluster performance during trading on Thursday. The major averages have spent much of the day bouncing back and forth across the unchanged line.

Currently, the major averages are turning in a mixed performance. While the Dow is down 68.22 points or 0.2 percent at 38,609.14, the S&P 500 is up 0.38 points or less than a tenth of a percent at 4,995.44 and the Nasdaq is up 52.06 points or 0.3 percent at 15,808.71.

The choppy trading on Wall Street comes as traders express some uncertainty about whether the markets can sustain their recent upward trend.

The advance seen during Wednesday's session lifted the Dow...