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?

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market live updates: Dow plunges 1,000, 10-year at record low, stocks in correctionStock market live updates: The Dow dropped as much as 1,000 points at session lows, and the yield on the 10-year Treasury note fell to an all-time low of 0.899%. Your last guest suggest the government step in and start buying equities, like a rich person's socialism? Wtf? So much for lassiez faire Finally, the markets woke up to realities of how Trump can really fuck up handling of the Coronavirus crisis. The bubble may finally burst. Markets are falling because of Biden's Super Tuesday win
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stock market live updates: Dow drops 850, travel stocks sink, 10-year below 1%“Bond King” Jeffrey Gundlach says he thinks the Fed will cut rates again, “perhaps even in two weeks,” following this week’s emergency 50 basis point cut. 🤔🤔 Rates are headed below zero all over the world
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stocks have no idea how to react to coronavirus: Dow tumbles againThe Dow opened down 700 points, or 2.6%, lower, setting up the day for another session of dramatic losses Boo ‘Fucking’ Hoo When will realDonaldTrump talk about this? Investors know that Trump’s handling of the coronavirus is not moral nor profitable.
Источник: cnnbrk - 🏆 393. / 55 Прочитайте больше »

Dow soars more than 1,100 points as market rallies off Biden win, UnitedHealth pops 10%Stocks surged at the close after a tumultuous week on Wall Street. The Dow was up 1,173 points, and the S&P 500, Nasdaq, and Russell 2000 were all up more than 3% as well. It'll be back down 1100 points tomorrow. Let the good times roll or another dead cat bounce? 🤔🧐 Craziest market ever
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »