Stock market: Morgan Stanley wealth advisor talks stocks, what recent Dow Jones, Wall Street ups and downs mean for US economy

CHICAGO (WLS) — Monday was a wild day on Wall Road.

Nonetheless, it ended up being a optimistic day for shares after a pointy turnaround towards the tip of the day. However the Dow Jones was down as many as 1,115 factors earlier Monday.

That got here after a six-day dropping streak. After all, there are a variety of questions over what this all means.

Steven Esposito joined ABC7 to go over all of it. He’s an govt director and wealth advisor at Morgan Stanley.

Esposito defined what the modifications imply and what he thinks are the important thing elements driving that drop. He additionally talked about everybody ought to regulate going ahead and provided his perception as to what he thinks the following few weeks will carry.