U.S. Stocks Give Back Ground After Initial Upward Move WASHINGTON (dpa-AFX) - After an initial move to the upside, stocks have given back some ground over the course of morning trading on Thursday. The major averages have pulled back off their highs of the session but currently remain in positive territory. Currently, the major averages are posting modest gains. The Dow is up 50.04 points or 0.2 percent at 33,870.42, the Nasdaq is up 25.03 points or 0.2 percent at 14,076.06 and the S&P 500 is up 15.95 points or 0.4 percent at 4,199.13. The Nasdaq and the S&P 500 initially rose to new record intraday highs in reaction to upbeat earnings news from tech giants like Apple (AAPL) and Facebook (FB).