India, Sept. 4 -- Stocks moved mostly lower during trading on Friday, giving back ground after moving notably higher over the two previous sessions. The major averages all moved to the downside, although selling pressure was somewhat subdued.

The major averages finished the day off their lows of the session but still in the red. The Dow slid 271.86 points or 0.5 percent to 53,414.25, the Nasdaq fell 77.07 points or 0.3 percent to 26,506.99 and the S&P 500 fell 29.11 points or 0.4 percent to 7,7718.60.

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