After initially showing a lack of direction, stocks have moved to the downside over the course of morning trading on Thursday. The major averages have all slid into negative territory, giving back ground after yesterday's strong gains.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 148.10 points or 0.5 percent at 32,664.40, the Nasdaq is down 62.79 points or 0.5 percent at 12,605.36 and the S&P 500 is down 18.42 points or 0.4 percent at 4,136.75.
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