India, June 5 -- Following the volatility seen in the previous session, stocks continued to fluctuate over the course of the trading day on Thursday. The major averages once again spent the day bouncing back and forth across the unchanged line before eventually closing in negative territory.
While the tech-heavy Nasdaq slid 162.04 points or 0.8 percent to 19,298.45, the S&P 500 fell 31.51 points or 0.5 percent to 5,939.30 and the Dow dipped 108.00 points or 0.3 percent to 42,319.72.
Stocks saw some strength earlier in the day after President Donald Trump confirmed in a post on Truth Social that he had an approximately 90-minute phone call with Chinese President Xi Jinping.
Trump described the phone call with his Chinese counterpart as "v...