After moving moderately lower early in the session, stocks have seen further downside over the course of the trading day on Tuesday. The major averages have offset the rebound seen in the previous session, hitting their lowest intraday levels in at least a month.
The major averages have moved roughly sideways in recent trading, stuck firmly in negative territory. The Dow is down 617.74 points or 1.8 percent at 34,518.20, the Nasdaq is down 272.33 points or 1.7 percent at 15,510.51 and the S&P 500 is down 79.46 points or 1.7 percent at 4,575.81.
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