The Dow suffered its worst percentage drop since June 2016. The Dow suffered its worst percentage drop since June 2016. (Reuters)The Dow Jones industrial average plunged 2.5 percent Friday — closing down 666 points — and suffered its worst week in two years as concerns over rising interest rates and inflation from an overheated economy triggered a long-feared sell-off. “It looks like the beginning of a market correction,” said Luke Tilley, chief economist at Wilmington Trust, the wealth and investment advisory arm of M&T Bank. Wicker said that even with a strong economy, a correction in the S&P 500 is long overdue.

Source: Washington Post February 02, 2018 19:46 UTC