Wall Street stumbles, Dow Jones slides 347 points

NEW YORK, New York - U.S. stocks traded lower on Thursday, extending losses from Wednesday which followed a two-day bounce.

"There are very few stocks in uptrend right now," Josh Brown, co-founder and CEO of Ritholtz Wealth Management told CNBC's "Halftime Report" on Thursday.

"And that is why I think these rallies are all guilty until proven innocent."

"We're going to have these rips, but like, th