The Nasdaq turned lower on Thursday, and the Dow and the S&P 500 cut gains, as a sell-off in big-cap technology and telecommunications companies weighed.
* The tech and telecoms drag offset hopes that bank stress tests results would reveal that most banks are healthier than previously thought.
* JPMorgan cut AT&T Inc
* The Dow Jones industrial average <.DJI> was down 27.48 points, or 0.32 percent, at 8,484.80. The Standard & Poor's 500 Index <.SPX> was down 2.29 points, or 0.25 percent, at 917.24. The Nasdaq Composite Index <.IXIC> was down 26.25 points, or 1.49 percent, at 1,732.85.
(Reporting by Ellis Mnyandu; Editing by Padraic Cassidy)