Dow Seeing Further Upside But Nasdaq Pulls Back Sharply

Following the rally seen in the previous session, the major U.S. stock indexes have moved in opposite directions in morning trading on Thursday. While the Dow has seen further upside, the tech-heavy Nasdaq has shown a sharp pullback.

In recent trading, the Nasdaq has fallen to new low for the session, slumping 156.17 points or 1.1 percent at 13,487.42. The S&P 500 is also down 19.13 points or 0.4 percent at 4,427.46, while the narrower Dow is up 138.14 points or 0.4 percent at 34,702.73.

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by RTTNews Staff Writer

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