February 17, 2015- Stocks Edge Higher Awaiting Greece Talks

While selling pressure has remained relatively subdued, stocks continue to see modest weakness in mid-day trading on Tuesday. The losses on the day come on the heels of the considerable strength that was seen in the markets last week. Currently, the major averages are stuck in the red but off their lows for the session. The Dow is down 16.13 points or 0.1 percent at 18,003.22, the Nasdaq is down 0.95 points or less than a tenth of a percent at 4,892.89 and the S&P 500 is down 1.06 points or 0.1 percent at 2,095.93. The modest weakness on Wall Street is partly due to profit taking following the strong performance that was turned in last week. The recent strength in the markets lifted the S&P 500 to new record highs, while the Nasdaq reached its best levels since early 2000. Nonetheless, traders have seemed reluctant to make significant moves amid uncertainty about the situation in Greece.