India, March 18 -- Following the significant rebound seen over the two previous sessions, stocks have pulled back sharply during trading on Tuesday. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way lower.
Currently, the major averages are just off their lows of the session. The Nasdaq is down 329.52 points or 1.9 percent at 17,479.15, the S&P 500 is down 66.97 points or 1.2 percent at 5,608.15 and the Dow is down 290.53 points or 0.7 percent at 41,551.10.
The sell-off on Wall Street comes as traders cash 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.
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