In the Grand Scheme, Thursday's Plunge Was Pedestrian

If you're an economic optimist, Thursday probably wasn't your best day. When the clock struck 4 p.m. on Wall Street, the Dow Jones Industrial Average (DJINDICES:^DJI) had tumbled 274 points, marking its second-worst single-day drop of 2017. The drop reminded investors, according to numerous news outlets, just how fragile the U.S. economy is.