U.S. Stocks Recover From Early Pullback To Close Little Changed

Stocks recovered from a sharp pullback early in the session on Thursday but showed a lack of direction over the remainder of the trading day. The major averages spent much of the day lingering near the unchanged line.

The major averages eventually ended the day narrowly mixed. While the Dow edged down 61.07 points or 0.1 percent to 46,504.67, the S&P 500 crept up 7.37 points or 0.1 percent to 6,582.69 and the Nasdaq rose 38.23 points or 0.2 percent to 21,879.18.