U.S. Stocks Seeing Modest Strength Following Tame Inflation Data

Stocks are seeing some strength during trading on Wednesday, partly offsetting the weakness seen over the two previous sessions. Buying interest has remained relatively subdued, however, limiting the upside for the major averages.

Currently, the major averages are turning in a mixed performance, as the Dow has slipped into negative territory. The Dow is down 20.66 points or less than a tenth of a percent at 53,771.19, while the S&P 500 is up 16.41 points or 0.2 percent at 7,744.61 and the Nasdaq is up 130.69 points or 0.5 percent at 26,576.13.