Hi, I'm C. NBC producer Katie Kramer, one of the voices behind the

the CNBC podcast Squawk Pod. In these times of uncertainty, we want to make sure

we're bringing you, our listeners, as much information as possible, as quickly as we can.

That's why we're sharing with you now a CNBC Special Report, markets in turmoil.

Listen in.

Welcome to our CNMBC Special Report. I'm Scott Wopner. Volatility. The word of the day is

stock stage a major comeback today with the Dow erasing a more than 1,100 point loss and actually closing up 99 points.

The Nasdaq saw its biggest intrad day reversal since October of 2008.

So is this the sign of a bottom?

Right now, I'll take a look at futures somewhat quiet it is early

Volume is light and we will keep on that throughout the hour. I should also let you know Asia is open

It's already trading lower and we'll follow that as

well also tonight I'll be joined all hour by my friend and mad money host Jim

Kramer we're going to talk to see and be experts and investors about whether this bounce can be trusted and what all of

it means for your money. First though a play-by-play of today's wild market action.

I would tell people look if you really want to know where to buy keep your

powder the last half hour but just the last half hour's been a nightmare

markets are plunging an hour here into trade dows off of the lows have about

750 to the downside.

As much as I'm going to hate to do this,

I'll probably be buying some stocks today.

We've drifted lower, found some bids,

...