Stocks have moved sharply lower in morning trading on Tuesday, with the major averages all moving to the downside after ending the previous session mixed. With the drop, the Dow and the S&P 500 have fallen to their lowest intraday levels in four months.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 353.96 points or 1.1 percent at 33,079.39, the Nasdaq is down 206.26 points or 1.6 percent at 13,101.51 and the S&P 500 is down 54.56 points or 1.3 percent at 4,233.83.
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