India, May 20 -- Stocks have moved moderately lower during trading on Tuesday, giving back ground after recovering from an early slump to end the previous session slightly higher. The major averages have all moved to the downside, but selling pressure remains relatively subdued.
Currently, the major averages are off their lows of the session but still in the red. The Nasdaq is down 86.15 points or 0.5 percent at 19,129.31, the S&P 500 is down 19.77 points or 0.3 percent at 5,943.83 and the Dow is down 108.00 points or 0.3 percent at 42,684.07.
The weakness on Wall Street comes as some traders look to cash in on the strong upward move seen over the past several weeks.
The major averages have climbed well off their April lows amid easing t...