Stocks have moved sharply lower in morning trading on Tuesday, with the major averages all showing significant moves to the downside following the mixed performance seen last Friday. With the drop, the Dow has fallen to its lowest intraday level in almost a month.
Currently, the major averages are just off their lows of the session. The Dow is down 486.18 points or 1.4 percent at 33,340.51, the Nasdaq is down 204.35 points or 1.7 percent at 11,582.92 and the S&P 500 is down 56.39 points or 1.4 percent at 4,022.70.
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