India, May 21 -- Stocks have moved mostly lower during trading on Thursday, giving back ground following the rally seen in the previous session. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued.
Currently, the major averages are off their lows of the session but still in the red. The Nasdaq is down 132.08 points or 0.5 percent at 26,138.28, the S&P 500 is down 26.38 points or 0.4 percent at 7,406.59 and the Dow is down 71.40 points or 0.1 percent at 49,937.95.
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