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

Major U.S. stock averages recovered from an early sharp pullback and finished largely unchanged, spending most of the day hovering near the flat line. The intraday rebound lacked follow-through, indicating muted investor conviction and sideways market behavior.

Analysis

Major U.S. stock averages recovered from an early sharp pullback and finished largely unchanged, spending most of the day hovering near the flat line. The intraday rebound lacked follow-through, indicating muted investor conviction and sideways market behavior.