India, Feb. 19 -- After an initial move to the downside, stocks have rebounded over the course of morning trading on Tuesday. The major averages have climbed off their lows of the session and are now lingering near the unchanged line.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 6.02 points or 0.1 percent at 7,478.43, the Dow is down 28.45 points or 0.1 percent at 25,854.80 and the S&P 500 is down 0.85 points or less than a tenth of a percent at 2,774.75.
The initial weakness on Wall Street was partly due to profit taking following the strong upward move shown by stocks last week.
The advance seen last Friday lifted the Dow and the Nasdaq to their best closing levels in three months and the S&P...