Stocks initially showed a lack of direction during trading on Thursday but have moved mostly lower over the course of the morning. With the downward move, the major averages are adding to the modest losses posted in the previous session.
The major averages have seen further downside in recent trading, hitting new lows for the session. The Dow is down 263.88 points or 0.9 percent at 30,009.99, the Nasdaq is down 95.47 points or 0.9 percent at 11,053.16 and the S&P 500 is down 34.87 points or 0.9 percent at 3,748.41.
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