India, July 11 -- After moving mostly higher over the two previous sessions, stocks have moved back to the downside during trading on Friday. The Nasdaq and the S&P 500 are giving back ground after ending Thursday's trading at record closing highs.
Currently, the major averages are off their lows of the session but still in negative territory. The Dow is down 247.30 points or 0.6 percent at 44,403.34, the Nasdaq is down 42.13 points or 0.2 percent at 20,588.53 and the S&P 500 is down 20.07 points or 0.3 percent at 6,260.39.
The weakness on Wall Street comes amid renewed concerns about President Donald Trump's escalating trade battles.
In a letter to Canadian Prime Minister Mark Carney posted on Truth Social, Trump announced a 35 percent ...