India, March 18 -- Stocks moved sharply lower during trading on Tuesday, giving back ground following the significant rebound seen over the two previous sessions. The major averages all moved to the downside, with the tech-heavy Nasdaq leading the pullback.
The major averages ended the day off their worst levels but still firmly negative. The Nasdaq tumbled 304.55 points or 1.7 percent to 17,504.12, the S&P 500 slumped 60.46 points or 1.1 percent to 5,614.66 and the Dow slid 260.32 points or 0.6 percent to 41,581.31.
The sharp pullback on Wall Street came as traders cashed in on the recovery seen over the two previous sessions, which saw the Nasdaq and S&P 500 rebound after hitting six-month lows last Thursday.
Concerns about the impact ...