India, Sept. 2 -- Stocks have moved sharply lower during trading on Tuesday, extending the pullback seen during last Friday's session. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way lower.
Currently, the major averages are well off their worst levels of the day but still firmly negative. The Nasdaq is down 303.52 points or 1.4 percent at 21,152.03, the S&P 500 is down 75.80 points or 1.2 percent at 6,384.46 and the Dow is down 417.32 points or 0.9 percent at 45,127.56.
The sell-off on Wall Street comes amid renewed trade uncertainty after the U.S. Court of Appeals for the Federal Circuit ruled most of President Donald Trump's global tariffs are illegal.
In a 7-4 decision, the appeals court r...