> Hoosier expert urges against overreacting to 'natural correction' in stock market
Hoosier expert urges against overreacting to 'natural correction' in stock market
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Major stock indexes tanked Monday, and recession fears heightened after President Donald Trump declined to say there would not be one.
The Dow Jones Industrial Average dropped nearly 900 points. The S&P 500 closed down 2.7%, and the Nasdaq Composite fell 4% Monday.
The trade war is also putting the country in new territory, with fresh tariffs from Canada and China targeting the U.S.
But while Wall Street is seeing red, experts 13News talked to say people shouldn't panic. One Indiana University professor says this is statistically just a natural correction in the market.
MORE: https://www.wthr.com/article/news/local/hoosier-expert-urges-against-overreacting-to-natural-correction-in-stock-market-joe-fitter-iu/531-6d388158-9a4a-4d90-93ae-08334fe780cc