Stocks have moved moderately lower in morning trading on Wednesday, extending the sharp pullback seen over the two previous sessions. The major averages have all moved to the downside, further offsetting the strong gains posted last week.
Currently, the major averages are off their lows of the young session but still in negative territory. The Dow is down 120.20 points or 0.3 percent at 35,423.98, the Nasdaq is down 64.92 points or 0.4 percent at 15,172.72 and the S&P 500 is down 10.27 points or 0.2 percent at 4,623.82.
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