Stocks Extend Losses, Reversing Early-Week Gains

U.S. stocks moved lower Thursday, stumbling again after a red-hot start to the week.

The S&P 500 fell 1%, or 38.76 points, to 3744.52. The Dow Jones Industrial Average declined 1.1%, or 346.93 points, to 29926.94. The tech-focused Nasdaq Composite slipped 0.7%, or 75.33 points, to 11073.31.