India, Sept. 2 -- After initially showing a significant move to the downside, stocks regained some ground over the course of the trading day on Tuesday but remained firmly negative. The major averages all moved notably lower, extending the pullback seen during last Friday's session.
The tech-heavy Nasdaq slumped 175.92 points or 0.8 percent to 21,279.63 but had tumbled by as much as 1.5 percent in early trading. The S&P 500 slid 44.72 points or 0.7 percent to 6,415.54, while the Dow fell 249.07 points or 0.6 percent to 42,295.81.
The early sell-off on Wall Street came amid renewed trade uncertainty after the U.S. Court of Appeals for the Federal Circuit ruled most of President Donald Trump's global tariffs are illegal.
In a 7-4 decision,...