A large stock market drop on the Dow Jones, S&P 500 and markets globally rattled many investors Monday morning. But experts say don't panic.rattled many investors in Chicago and beyond, but those with experience in the field say it's not a reason to panic for most.
The drops were the latest in a global sell-off that began last week. Japan's Nikkei 225 helped begin Monday by plunging 12.4% for its worst day since the Black Monday crash of 1987. At Morningstar Wealth in the Loop, Chief Investment Officer Philip Straehi said the advantage to this volatile market is lower interest rates, which could actually help people looking to borrow money.
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