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WPVI Action News At 4PM June 22, 2024

Its a great time to buy. Stocks are down. So, you know, im looking forward to it going back up and seeing a great investment in the future. I saw it as an opportunity. I mean, ever since it winds down so quickly, i just went out and buy as much as i can. Reporter whats the right reaction . Financial experts tell us do not panic. They should sit back take a look, listen to the experts and find out whats causing this and what theyre going to see is that this is a temporary issue. Reporter the heavy selling around the globe was sparked by fear that is chinas economy is falling dramatically and many u. S. Companies and investors are worried how a slow down there could affect production and trade here. China number one devalued their currency last week which is a surprise move. Number two its the worlds seconds largest economy. Reporter lets put this into perspective. The dow took a nose dive by 22. 6. Today the dow was only down 6. 6 percent at its worst point. First inn this were a true b ....

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