BREAKING NEWS: Stocks Deep in the Red at Open as Dow Falls 320

Stocks kicked off Thursday's session with steep losses, as equities plunged on growing fears of global recession and skepticism over the Fed's so-called Operation Twist unveiled on Wednesday. The money coming out of stocks was going into Treasurys, with the yield on the 10-year bond plunging to a record-low 1.73%. The Dow is off by 320 points, or 2.9%, at 10809, the Nasdaq Composite shed 2.8% and the S&P 500 dropped 2.7%.

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