Stocks have come off their lows of the day but remain well below the unchanged line during late morning trading on Tuesday.

Trucking and housing stocks are posting notable losses, with the Dow Jones Trucking Index down 4.4 percent and the Philadelphia Housing Index down 3.8 percent.

Meanwhile, tobacco and gold stocks are posting strong gains. The Amex Tobacco Index and the Amex Gold Bugs Index are up 1.6 percent and 1.5 percent, respectively.

Currently, the Dow is down 121.22 at 7,854.63, the Nasdaq is down 20.06 at 1,586.65 and the S&P 500 is down 11.37 at 824.11.

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