Stocks have moved sharply lower in morning trading on Thursday, extending the pullback seen over the course of the previous session. With the steep drop on the day, the major averages have fallen to their lowest intraday levels in a month.
Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 616.53 points or 1.8 percent at 33,349.82, the Nasdaq is down 255.76 points or 2.3 percent at 10,915.12 and the S&P 500 is down 77.24 points or 1.9 percent at 3,918.08.
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