Stocks have moved mostly lower in morning trading on Wednesday, giving back ground after moving sharply higher over the three previous sessions. The major averages have all moved to the downside, with the Dow pulling back off its best closing level in well over two months.
Currently, the major averages are just off their lows of the session. The Dow is down 289.41 points or 0.9 percent at 32,871.42, the Nasdaq is down 132.83 points or 1.3 percent at 10,483.37 and the S&P 500 is down 37.45 points or 1.0 percent at 3,790.66.
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