It was a volatile start to the week on Wall Street.
Stocks dropped early Monday morning, with one of the worst trading days in nearly two years.
Local financial advisor Howie Pentony says after a solid year of growth so far, this was not unexpected.
“A lot of us think that prices had gotten very high, so we were kind of expecting this to happen,” Pentony said. “This is not a surprise. The S&P is still up 10 percent for the year. That’s the important thing.”
Pentony says markets are always a bit unknown, but it’s still important to keep the long-term in mind.
“For it to pull down a little bit is not unusual. And the global situation is always in call, and I wouldn’t be surprised if there was more volatility. But, right now, if you have your account built the way it should be, you’ll be fine.”
The S&P, Nasdaq, and Dow all saw increases yesterday.
