Stocks moved mostly lower over the course of morning trading on Thursday and continue to see significant weakness in the afternoon. The tech-heavy Nasdaq has led the way lower, tumbling to its lowest intraday level in five months.
Currently, the major averages are just off their lows of the session. The Nasdaq is down 242.73 points or 1.9 percent at 12,578.49, the S&P 500 is down 49.12 points or 1.2 percent at 4,137.65 and the Dow is down 214.77 points or 0.7 percent at 32,821.16.
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