Nasdaq turns positive as stocks pare losses heading into last hour of trading

U.S. stocks are paring their losses Tuesday afternoon after the Dow Jones Industrial Average briefly dropped below 29,000 for the first time in nearly two years earlier. The Nasdaq Composite COMP, +0.25% turned higher, trading up 30 points, or 0.3%, to 10,832. The S&P 500 SPX, -0.21% was down 6 points, or 0.2%, at 3,650. The Dow DJIA, -0.43% was down 89 points, or 0.3%, at 29,165 after falling 300 points earlier.