Detailed text transcripts for TV channel - FOXNEWS - 20180205:20:06:00
This is "shepard smith reporting" on fox news channel. last week the dow was off about 1,100 points. today the dow is off at this moment 875 points. so what is happening here? well, a correction is something that happens in bull markets and happens with some degree of regularity throughout history. it is expected, it's well-comed by many investors, of course. because a correction will keep a market from getting over heated. it will keep it from getting into a boom and bust cycle in theory. this could be the beginning of a correction. i'll tell you what a correction is. a correction is a loss o...