India, March 4 -- After moving sharply lower early in the session, stocks staged a valiant recovery attempt over the course of the trading day on Tuesday only to once again come under pressure going into the close.
The tech-heavy Nasdaq ended the day down 65.03 points or 0.4 percent at 18,285.16 after plunging by as much as 2.1 percent to a nearly five-month intraday low.
The S&P 500 briefly reached positive territory but closed down 71.57 points or 1.2 percent at a four-month closing low of 5,776.15. The Dow also slumped 670.25 points or 1.6 percent to 42,520.99.
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 Canada, Mexico and China took effect.
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