India, Aug. 11 -- After showing a lack of direction early in the session, stocks moved mostly lower over the course of the trading day on Tuesday. The major averages all moved to the downside, adding to the modest losses posted in the previous session.

The major averages finished the day off their lows of the session but still in the red. The Nasdaq slid 159.91 points or 0.6 percent to 26,445.45, the S&P 500 fell 24.91 points or 0.3 percent to 7,728.20 and the Dow declined 184.13 points or 0.3 percent to 53,791.85.

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