India, March 5 -- Stocks showed a lack of direction early in the session on Wednesday but have moved mostly lower over the course of the trading day. The major averages have all moved to the downside, extending the sharp pullback seen over the past several sessions.

The major averages have fallen to new lows for the session in recent trading. The Nasdaq is down 110.98 points or 0.6 percent at 18,174.19, the S&P 500 is down 28.68 points or 0.5 percent at 5,749.47 and the Dow is down 61.42 points or 0.1 percent at 42,459.57.

The weakness that has emerged on Wall Street reflects lingering concerns about the economic impact of President Donald Trump's new tariffs on Canada, Mexico and China.

Traders have seemingly shrugged off comments from ...