After trending higher over the past several sessions, stocks are giving back some ground during trading on Wednesday. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued.
Currently, the major averages are off their lows of the session but still in the red. The Dow is down 390.52 points or 0.8 percent at 50,917.27, the Nasdaq is down 190.21 points or 0.7 percent at 26,903.69 and the S&P 500 is down 36.93 points or 0.5 percent at 7,572.85.
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