India, June 5 -- Stocks have moved notably lower during trading on Friday, with the major averages all moving to the downside after ending the previous session mixed. The tech-heavy Nasdaq has shown a particularly steep drop.
Currently, the major averages are off their worst levels but still firmly negative. The Nasdaq is down 468.14 points or 1.7 percent at 26,362.82, the S&P 500 is down 70.59 points or 0.9 percent at 7,513.72 and the Dow is down 134.87 points or 0.3 percent at 51,427.06.
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