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U.S. Stocks Pull Back Sharply Following Powell Speech

Stocks have moved sharply lower over the course of morning trading on Friday, largely offsetting the upward move seen over the two previous sessions. The major averages have all shown notable moves to the downside on the day.

Currently, the major averages are just off their lows of the session. The Dow is down 412.23 points or 1.2 percent at 32,879.55, the Nasdaq is down 235.29 points or 1.9 percent at 12,403.97 and the S&P 500 is down 62.28 points or 1.5 percent at 4,136.84.

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by RTTNews Staff Writer

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