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The Dow dropped 610 pts, or 2.1 percent on Friday.

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Stocks fell sharply on Friday, wiping out the Dow Jones Industrial Average’s gain for January, as investors grew increasingly worried about the potential economic impact of China’s fast-spreading coronavirus.

The Dow dropped 610 points, or 2.1 percent, in the 30-stock average’s worst day since August. The S&P 500 was down 1.8 percent while the Nasdaq Composite dropped 1.6 percent.

1703842794_Annotation2020-02-03021722.jpg.ae54b9319d2c0214a2300ccdafe50351.jpg

US stock market year-to-date: Dow -0.99%, S&P 500 -0.16, Nasdaq Composite +1.99.

From: https://www.nbcnews.com/business/markets/dow-drops-500-points-worries-grow-about-economic-impact-coronavirus-n1127556

I’d call it a healthy drop... as long as the US doesn’t mirror China’s Monday performance when markets open.  There are two big factors in play, and it will be interesting to see which one dominates.

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