India, April 25 -- After ending yesterday's lackluster session little changed, stocks have moved sharply lower during trading on Thursday. The major averages have all shown significant moves to the downside after ending Wednesday's session narrowly mixed.
Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 644.68 points or 1.7 percent at 37,816.24, the Nasdaq is down 261.43 points or 1.7 percent at 15,451.32 and the S&P 500 is down 66.42 points or 1.3 percent at 5,005.21.
A negative reaction to earnings news from Meta Platforms (META) is weighing on Wall Street, with the Facebook parent plunging by 12.4 percent.
Meta Platforms reported first quarter results that beat estimates on bot...