India, July 8 -- After moving sharply lower early in the session, stocks regained ground over the course of the trading day on Wednesday. The major averages climbed well off their lows of the session, with the Nasdaq reaching positive territory.
The Dow slumped 576.76 points or 1.1 percent to 52,348.39, pulling back further off their record closing high set on Monday. The S&P 500 also fell 21.14 points or 0.3 percent to 7,482.71, but the Nasdaq rose 51.96 points or 0.2 percent to 25,870.65.
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