After moving sharply lower in early trading, stocks continue to see significant weakness in afternoon trading on Tuesday. The tech-heavy Nasdaq staged a recovery attempt in late morning trading but has since rejoined its counterparts firmly in the red.
The major averages have seen further downside in recent trading, falling to new lows for the session. The Dow is down 476.20 points or 1.5 percent at 30,543.48, the Nasdaq is down 155.98 points or 1.4 percent at 11,379.04 and the S&P 500 is down 62.16 points or 1.6 percent at 3,837.73.
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