Stocks moved significantly lower over the course of the trading session on Tuesday, giving back ground following the strong upward move seen in recent days. The Nasdaq reached a new record intraday high in morning trading but eventually joined the Dow and S&P 500 in negative territory.
The major averages saw further downside going into the close, ending the session near their worst levels of the day. The Dow plunged 396.85 points or 1.5 percent at 25,890.18, the Nasdaq slumped 89.76 points or 0.9 percent to 10,343.89 and the S&P 500 tumbled 34.40 points or 1.1 percent to 3,145.32.
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