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U.S. Markets Are In Correction Territory. Here's What That Means

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The closing numbers are displayed after the closing bell of the Dow Jones industrial average at the New York Stock Exchange on Wall Street on Feb. 8, 2018 in New York. (Bryan R. Smith/AFP/Getty Images)
The closing numbers are displayed after the closing bell of the Dow Jones industrial average at the New York Stock Exchange on Wall Street on Feb. 8, 2018 in New York. (Bryan R. Smith/AFP/Getty Images)

It's been a tumultuous week on Wall Street, with the Dow Jones industrial average dropping more than 1,000 points on two different days. The Dow and S&P are now in correction territory, meaning they have dropped 10 percent.

Here & Now's Jeremy Hobson looks at what that means with Michael Regan (@Reganonymous), senior editor for Bloomberg News.

This segment aired on February 9, 2018.

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