After showing a substantial decline in the previous session, stocks saw some further downside at the start of trading on Thursday. The major averages all moved into negative territory, although selling pressure was somewhat subdued. In early trading, notable weakness is visible among energy stocks, which are moving lower along with the price of oil. While some technology stocks have also come under pressure, gold and retail stocks are seeing early strength. In the past few minutes, the major averages have moved well off their lows for the young session, with the Dow briefly peeking above the unchanged line. Nonetheless, the Dow is currently down 17.76 at 9,121.51, the Nasdaq is down 13.93 at 1,667.71 and the S&P 500 is down 3.53 at 949.24.

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