Stocks came under pressure in early trading on Friday and have seen further downside over the course of the session. The major averages have all moved notably lower, giving back ground following the rally seen in the previous session.
In recent trading, the major averages have fallen to new lows for the session. The Nasdaq is down 211.26 points or 1.5 percent at 13,714.79, the S&P 500 is down 50.69 points or 1.1 percent at 4,454.41 and the Dow is down 280.08 points or 0.8 percent at 34,627.03.
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