India, Sept. 28 -- Stocks have moved mostly lower during trading n Monday, giving back ground after ending last week's trading on an upbeat note. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way.

Currently, the major averages are just off their lows of the session. The Nasdaq is down 335.88 points or 1.2 percent at 26,732.84, the S&P 500 is down 74.99 points or 1 percent at 7,668.42 and the Dow is down 392.34 points or 0.8 percent at 51,436.28.

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