After trending higher over the past few sessions, the major U.S. stock indexes moved back to the downside during trading on Thursday. The tech-heavy Nasdaq showed a particularly steep drop on the day.
The Nasdaq tumbled 365.13 points or 1.4 percent to 26,184.72, giving back ground after surging by 2.3 percent over the three previous sessions. The S&P 500 also dipped 23.59 points or 0.3 percent to 7,720.39, while the Dow fell 132.54 points or 0.3 percent to 52,342.56.
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