U.S. Stocks Move Sharply Lower, Nasdaq Slumps To Two-Month Low

Stocks have moved sharply lower during trading on Thursday, with the major averages all moving to the downside following the mixed performance seen in the previous session.The tech-heavy Nasdaq has shown another particularly steep drop, tumbling to its lowest intraday level in well over two months.Currently, the major averages are just off their lows of the session. The Nasdaq is down 356.26 points or 1.6 percent at 22,548.32, the S&P 500 is down 86.37 points or 1.3 percent at 6,796.35 and the Dow is down ...