After initially showing a lack of direction, stocks have moved moderately lower over the course of morning trading on Tuesday. The major averages have all moved to the downside, giving back ground after moving sharply higher over the two previous sessions.
Currently, the major averages are off their worst levels of the day but still in negative territory. The Dow is down 70.70 points or 0.2 percent at 35,061.16, the Nasdaq is down 94.56 points or 0.7 percent at 14,145.33 and the S&P 500 is down 20.67 points or 0.5 percent at 4,494.88.
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