India, May 13 -- Stocks are turning in a mixed performance during trading on Wednesday, with the major averages moving in starkly opposite directions. While the tech-heavy Nasdaq has climbed firmly into positive territory, the Dow has moved to the downside.

Currently, the Dow is down 274.18 points or 0.6 percent at 49,486.38, but the S&P 500 is up 9.02 points or 0.1 percent at 7,409.98 and the Nasdaq is up 164.25 points or 0.6 percent at 26,252.45.

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