After moving sharply lower early in the session, stocks continue to see substantial weakness in afternoon trading on Tuesday. The major averages have all shown significant moves to the downside after ending the previous session just below the unchanged line.
Currently, the major averages are well off their worst levels of the day but still firmly negative. The Dow is down 393.41 points or 1.2 percent at 33,658.29, the Nasdaq is down 113.56 points or 0.9 percent at 12,099.03 and the S&P 500 is down 46.75 points or 1.1 percent at 4,121.12.
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