On Tuesday, The Dow Jones Industrial Average dropped down 416 points. This is the largest drop since the Stock Market first opened after 9/11. The Dow went down due to a world wide sell off. The key economic findings follow sharp declines Tuesday, which began following a drop in the frothy stock markets of mainland China that raised questions about whether a larger market correction was in the offing. Stocks fell in most of Asia earlier Wednesday although the Shanghai Composite Index, whose nearly 9 percent drop set off the domino-effect selling, closed up nearly 4 percent. Stocks were also off in Europe, but the declines were milder than on Tuesday. Even though it may seem like this is a major drop in the stock market, it really can't compare to the numbers of the Great Depression or 1987. I will keep my stocks as of now because I believe the stock market will be back to normal by next week the latest. I have heard that it won't be the same until the summer time but i don't believe that. Now is a great time to buy stocks since the prices drastically dropped and this is probably the cheapest it will be all year.
