Stocks rebounded from an initial drop but have moved back to the downside over the course of the trading day on Tuesday. The major averages are extending the sharp pullback seen in the two previous sessions.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 337.93 points or 1 percent at 33,741.25, the Nasdaq is down 162.71 points or 1.2 percent at 13,385.35 and the S&P 500 is down 35.02 points or 0.8 percent at 4,313.85.
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