(RTTNews) - Stocks have moved mostly lower during trading on Thursday, extending the pullback seen during the previous session. The major averages have all moved to the downside, with the tech-heavy Nasdaq pulling back off Tuesday's record closing high. Currently, the major averages are just off their lows of the session. The Nasdaq is down 209.63 points or 0.8 percent at 26,726.41, the Dow is down 342.38 points or 0.7 percent at 51,169.21 and the S&P 500 is down 37.23 points or 0.5 percent at 7,668.80. The continued weakness on Wall Street comes as the Treasury yields are seeing further upside following the surge seen in the previous session.
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