From the daily archives: Friday, January 20, 2012

Stocks continue to show a lack of direction in mid-day trading on Friday, as traders seem reluctant to make any significant moves following the recent strength in the markets. A mixed reaction to the latest batch of earnings news is also contributing to the choppy trading.

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With traders reluctant to make any significant moves following the recent strength in the markets, stocks continue to show a lack of direction in late morning trading on Friday. The major averages have turned mixed on the day after ending the previous session at their best closing levels in nearly six months.

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Stocks are turning in a lackluster performance in early trading on Friday, as traders express uncertainty about the outlook for the markets following recent strength. The major averages are showing only modest moves after ending the previous session at nearly six-month closing highs.

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After trending higher in recent sessions, stocks may give back some ground in early trading on Friday. The major index futures are currently pointing to a modestly lower open, with the Dow futures down by 21 points.

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