India, May 6 -- After ending Monday's volatile session mostly lower, stocks saw continued weakness during trading on Tuesday. The major averages all moved to the downside on the day, pulling back further off last Friday's one-month closing highs.
The major averages finished the day firmly in negative territory. The Dow slumped 389.83 points or 1.0 percent to 40,829.00, the Nasdaq slid 154.58 points or 0.9 percent to 17,689.66 and the S&P 500 fell 43.37 points or 0.8 percent to 5,606.91.
Ongoing trade uncertainty continued to weigh on the markets following recent strength, which saw the S&P 500 close higher for nine straight sessions before yesterday's pullback.
While Treasury Secretary Scott Bessent told CNBC on Monday the U.S. is "very ...