The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after Wednesday's 1,100-point drop.

The Dow just barely snapped its longest losing streak since 1974, after some dip buying earlier in the morning fizzled as the trading day unfolded. The blue-chip index rose just 16 points, or 0.04%, to end its losing streak at 10 sessions.

Lennar Corporation shares fell 9% in Thursday’s premarket session after the homebuilder blamed rising mortgage costs for a slowdown in its sales that saw it fall short of analysts expectations.