India, Jan. 2 -- Stocks moved mostly lower during trading on Tuesday, extending the pullback seen in the final trading session of 2023. The Nasdaq showed a particularly steep drop, reflecting notable weakness among tech stocks.
The Nasdaq plunged 245.41 points or 1.6 percent to 14,765.94, continuing to give back ground after ending last Wednesday's trading at its best closing level in almost two years. The S&P 500 also slid 27.00 points or 0.6 percent to 4,742.83.
Meanwhile, the narrower Dow recovered from initial weakness and bounced back and forth across the unchanged line before closing up 25.50 points or 0.1 percent at 37,715.04.
The weakness in the broader markets came as some traders continued to cash in on recent strength, particu...