After pulling back sharply early in the session, stocks have seen further downside over the course of the trading day on Friday. With the steep losses on the day, the major averages have more than offset the upward move seen over the two previous sessions.
Currently, the major averages are lingering near their worst levels of the day. The Dow is down 659.42 points or 2 percent at 32,632.36, the Nasdaq is down 358.60 points or 2.8 percent at 12,280.66 and the S&P 500 is down 96.64 points or 2.3 percent at 4,102.48.
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