Stocks are falling sharply as traders dump risky assets and park their money in investments seen as relatively safe, such as U.S. government bonds.
The Dow Jones industrial average was down 272 points, or 1.7 percent, to 16,042 as of 11:51 a.m. Eastern time Wednesday. It plunged as much as 369 points shortly after trading began.
Analyst Juli Niemann tells Here & Now's Jeremy Hobson that the sharp drop in stock prices is a normal correction, but the overall health of the US economy is still good.
This segment aired on October 15, 2014.