Correction or Crisis?

August 24, 2015 – The U.S. stock market had a wild Monday morning in response to another sell-off in China and other major countries, with the Dow Jones industrial average first plunging more than 1,000 points before surging back to trim its losses.

The blue-chip industrials were off about 580 points, or nearly 3.5%, at about 16,150 in midday trading. It had skidded as much as 1,089 points moments after the opening bell and cut its loss dramatically to about 115 before falling again. LA Times

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