Stocks came under pressure early in the session and have seen further downside over the course of the trading day on Tuesday. The major averages have all moved sharply lower after ending the previous session narrowly mixed.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 502.12 points or 1.5 percent at 32,929.32, the Nasdaq is down 98.59 points or 0.8 percent at 11,577.14 and the S&P 500 is down 53.12 points or 1.3 percent at 3,995.30.
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