India, July 29 -- Stocks have moved sharply lower during trading on Wednesday, with the major averages all showing notable moves to the downside after closing mixed for three consecutive sessions.
Currently, the major averages are just off their lows of the session. The Dow is down 820.60 points or 1.6 percent at 51,926.72, the Nasdaq is down 260.21 points or 1.1 percent at 24,616.70 and the S&P 500 is down 58.67 points or 0.8 percent at 7,370.11.
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