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Commentary

U.S. Stocks Pulling Back Sharply Amid Pre-Fed Jitters

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Stocks have moved sharply lower in morning trading on Tuesday, more than offsetting the late-day advance seen in the previous session. The major averages have all shown significant moves to the downside, pulling back near their lowest intraday levels in two months.

The major averages have moved roughly sideways in recent trading, stuck firmly in negative territory. The Dow is down 385.21 points or 1.2 percent at 30,634.47, the Nasdaq is down 105.35 points or 0.9 percent at 11,429.67 and the S&P 500 is down 47.65 points or 1.2 percent at 3,852.24.

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