Following the sell-off seen during Thursday’s session, stocks rebounded in early trading on Friday but showed a notable move back to the downside as the day progressed. The major averages pulled back well off their early highs and into negative territory.
The major averages added to the steep losses posted in the previous session, falling to new three-month closing lows. The Nasdaq slid 206.62 points or 0.9 percent to 22,105.36, the S&P 500 fell 10.43 points or 0.6 percent to 6,632.19 and the Dow dipped 119.38 points or 0.3 percent to 46,558.47.
SOURCE: RTTNEWS