India, April 7 -- Stocks have moved mostly lower during trading on Tuesday, giving back ground after ending Monday's relatively lackluster session mostly higher. The major averages have all moved to the downside, with the tech-heavy Nasdaq showing a notable decline.

Currently, the major averages are well off their lows of the session but still firmly in the red. The Nasdaq is down 270.14 points or 1.2 percent at 21,726.20, the S&P 500 is down 47.96 points or 0.7 percent at 6,563.87 and the Dow is down 205.66 points or 0.4 percent at 46,464.22.

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