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The Dow Jones fell more than a thousand points on Monday. The Nasdaq dropped significantly after investors dumped tech stocks.
This after Japan’s Nikkei plunged 12 percent, marking the worse day since 1987.
“The economy is definitely slowing down. There’s no question,” said David Reyes, Reyes Financial Architecture.
The San Diego based financial advisor says this is the time of year for a volatile stock market, and it was expected to happen.
MORE: https://www.cbs8.com/article/news/local/working-for-you/stock-market-impact-your-money/509-e1daa743-5193-438b-8e8d-052f5905007e