India, Feb. 26 -- Stocks showed a strong move to the upside early in the session on Wednesday but have given back ground since then. The major averages have pulled back well off their highs of the session, with the Dow sliding firmly into negative territory.
Currently, the major averages are turning in a mixed performance. While the Dow is down 213.78 points or 0.5 percent at 43,407.38, the S&P 500 is 3.48 points or 0.1 percent at 5,958.73 and the Nasdaq is up 68.46 points or 0.4 percent at 19,094.84.
The early strength on Wall Street partly reflected bargain hunting following weakness, which saw the Nasdaq and the S&P 500 close lower for four straight sessions.
The tech-heavy Nasdaq tumbled to its lowest closing level in three months on...