India, Jan. 31 -- Stocks moved mostly higher early in the session on Friday but have given back ground over the course of the trading day. The major averages have pulled back well off their highs of the session, with the Dow and the S&P sliding into negative territory.
Currently, the major averages are turning in a mixed performance. While the Nasdaq remains up 38.35 points or 0.2 percent at 19,720.10, the S&P 500 is down 16.12 points or 0.3 percent at 6,055.05 and the Dow is down 342.75 points or 0.8 percent at 44,539.38.
The major averages showed a notable move to the downside in recent trading after White House press secretary Karoline Leavitt confirmed tariffs will be levied against major U.S. trading partners beginning Saturday.
Lea...