India, March 4 -- After moving sharply lower early in the session, stocks have regained ground over the course of the trading day on Tuesday. The major averages have climbed well off their lows of the session, with the Nasdaq briefly reaching positive territory.
The tech-heavy Nasdaq is currently down 72.81 points or 0.4 percent at 18,277.38 after plunging by as much as 2.1 percent to a nearly five-month intraday low.
The Dow and the S&P 500 remain more firmly in negative territory. The Dow is down 579.05 points or 1.3 percent at 42,612.19 and the S&P 500 is down 63.70 points or 1.1 percent at 5,786.02.
The early sell-off on Wall Street came amid concerns about a global trade war after President Donald Trump's new tariffs on imports from...