India, July 10 -- Following the upward move seen over the course of the previous session, stocks are showing a lack of direction during trading on Friday. The major averages have spent the day bouncing back and forth across the unchanged line.

Currently, the major averages are turning in a mixed performance. While the Dow is up 45.82 points or 0.1 percent at 52,533.23, the S&P 500 is down 6.70 points or 0.1 percent at 7,536.94 and the Nasdaq is down 108.43 points or 0.4 percent at 26,098.46.

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