KEILAR: We have breaking news. Markets plummeting after a record high just yesterday. You can see on the big board, just down a little over 780 points. The NASDAQ and S&P also down. I want to go live to CNN's Alison Kosik. Tell us why we're seeing this.</s>ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Hey, Brianna. Investors certainly making a mad dash for the commits after several weeks of record highs. And that may be all that there is to why we're seeing this kind of sell off is we're seeing investors take profits off the table after this record run. Yesterday, as you mentioned, the S&P 500, NASDAQ reached record highs and crossing 12,000 for the first time ever. This major U-turn happening just as we got those better than expected unemployment numbers. First-time unemployment claims fell below the one million mark. And this could be the precursor to the August jobs report, which we will be getting tomorrow. There could be nervousness about what we could see with the jobs report. Even if we see one million jobs added in August, it's a drop in the bucket. We learned 29 million Americans are receiving some sort of unemployment assistance at this moment. There's uncertainty about how Americans are faring in this economy and uncertainty over what Congress is doing. We're waiting for a relief package. And everyone knows, as Americans are struggling, that is going to affect the economy directly.</s>KEILAR: Alison, thank you so much for that. Top of the hour now. I'm Brianna Keilar. And I want to think you for joining me. For the second day in a row, the U.S. is reporting more than 1,000 people dying from coronavirus in a single day.
Markets Plummet after Hitting Record Highs.