India, July 13 -- Stocks showed a notable move to the downside during trading on Monday, giving back ground following the upward move seen over the two previous sessions. The major averages all moved lower, with the tech-heavy Nasdaq showing a significant pullback.
The Nasdaq and the S&P 500 ended the day just off their lows of the session. The Nasdaq slumped 408.43 points or 1.6 percent to 25,873.18 and the S&P 500 slid 60.05 points or 0.8 percent to 7,515.34. The narrower Dow posted a more modest loss, dipping 138.37 points or 0.3 percent to 52,498.64.
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