India, Aug. 24 -- Following the rebound seen during last Friday's session, stocks have moved back to the downside during trading on Monday. The Nasdaq and S&P 500 have slid into negative territory, although the narrower Dow is bucking the downtrend.

Currently, the Nasdaq and S&P 500 are off their lows of the session but still in the red. The Nasdaq is down 157.68 points or 0.6 percent at 26,022.78 and the S&P 500 is down 20.77 points or 0.3 percent at 7,653.60.

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