Stock market live Thursday: Dow plunges nearly 1,000, stocks in correction, 10-year at record low

The major averages plummeted at the open and weren't able to make up any ground throughout the day. The Dow fell 1,147.53 points at the session low, and all the major averages finished the day with a greater than 3% decline. Thursday's sharp slide follows Wednesday's relief rally, which saw the Dow post its second largest point gain on record.

"We now see the risk/reward as increasingly skewed to the upside for risky assets and use the current pullback to add back to cyclical exposures at the margin," Kolanovic said in the note.With roughly an hour left in Thursday's session, the Dow is near its session low, with all its 30 components in the red. The sell-off erased the majority of the steep gains in the previous session, when the Dow posted its second biggest point gain ever – nearly 1,200 points.

Is that rate cut before or after Santelli expited death strategy?

This guy has been bearish for 3 years. The media is so lazy. jimcramer RevShark DougKass

usa is already a complete disaster financial system so come to terms with it

If they actually do this, everybody's going cash and maybe gold. This market isn't safe and nobody is going to let the Fed pay nothing or even get paid to hold money while real rates blow up

When he said Joe Biden had absolutely no chance he lost his credibility. I'm just a viewer (a nobody) but I no longer value Mr. Gundlach opinion. He also seemed to suggest the last 10 days were more about the economy than the virus. He is off his game

This is ridiculous.

Hey how about no more of this guy on TV?

how low can ya go?

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