This is not a bottom-out today, folks, it is more likely yet another manipulation to spark war. Wars are often the answer to economic free-fall. —S.T. Lloyd

Earlier in the day, the Dow plunged as many as 565 points on Wednesday after crude oil plummeted another 7% to below $27 a barrel. However, stocks have bounced off their worst levels and now the Dow is “only” down about 175 points. The S&P 500, down as much as 3.7%, is now off 0.6%. The Nasdaq is also on the comeback trail, posting a gain of 0.6% in late afternoon trading.”We’ve experienced some seller exhaustion — and that’s good news,” said Art Hogan, chief market strategist at Wunderlich Securities. Still, the markets remain deeply in the red on the year. The Dow has plunged nearly 1,600 points in 2016.

KY3.com