U.S. Stocks Mostly Lower As Crude Oil Extends Yesterday’s Jump

After failing to sustain an initial move to the upside, stocks have moved mostly lower over the course of the trading session on Thursday. The major averages have all moved to the downside after ending the previous session.

Currently, the major averages are off their lows of the session but still in the red. The Dow is down 284.73 points or 0.6 percent at 50,621.32, the S&P 500 is down 18.89 points or 0.3 percent at 7,632.65 and the Nasdaq is down 50.01 points or 0.2 percent at 26,811.05.