After recovering from initial weakness, stocks have moved back to the downside in recent trading on Friday. The major averages have pulled back firmly into negative territory after briefly peeking above the unchanged line.
Currently, the tech-heavy Nasdaq is down 153.01 points or 1.3 percent at 12,047.81 and the S&P 500 is down 39.96 points or 1.0 percent at 4,139.80. The narrower Dow is posting a more modest loss, down 154.57 points or 0.5 percent at 33,899.37.
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