India, Feb. 25 -- Following the volatility seen during Monday's session, stocks have moved sharply lower during trading on Tuesday. The major averages have all moved to the downside, with the Nasdaq and the S&P 500 adding to the losses posted in the three previous sessions.
Currently, the major averages are just off their lows of the session. The Nasdaq is down 354.84 points or 1.8 percent at 18,932.09, the S&P 500 is down 61.38 points or 1.0 percent at 5,921.87 and the Dow is down 157.91 points or 0.4 percent at 43,303.30.
Weakness among technology stocks is weighing on Wall Street, as reflected the notable slump by the tech-heavy Nasdaq.
Traders continue to express concerns about the sustainability of the artificial intelligence trade,...