India, Jan. 31 -- After showing a strong move to the upside early in the session, stocks came under pressure over the course of the trading day on Friday. The major averages pulled back well off their early highs and into negative territory.
The major averages finished the day just off their lows of the session. The Dow slid 337.47 points or 0.8 percent to 44,544.66, the S&P 500 fell 30.64 points or 0.5 percent to 6,040.53 and the Nasdaq dipped 54.31 points or 0.3 percent to 19,627.44.
For the week, the Dow rose by 0.3 percent, but the S&P 500 slumped by 1.0 percent and the Nasdaq tumbled by 1.6 percent.
Stocks showed a notable move to the downside in afternoon trading after White House press secretary Karoline Leavitt confirmed Presiden...