Shortly after 12:00 pm ET on Thursday, it seemed like the market was heading for the fourth-straight day of losses, however, afternoon trading brought a sharp 900-point surge that left the Dow Jones industrial average up over six percent, with other indices experiencing similar increases. Early losses were partially attributable to a Labor Department report that put newly-filed jobless claims at a 7-year high, as well as continuing evidence of suffering in the consumer sector, however investors could not resist the cheap prices that resulted.
Let us hear your thoughts below:
