The Dow has fallen by 10% — how low can it go?

It seems like only yesterday that millennials were sharing their 401(k) accounts online, telling the world they were millionaires on paper. Well, it was almost yesterday. Last week, to be exact.

And what a week it has been.

Some saw it coming. They said the stock market was long overdue a reality check, or two. Others felt like the bull market could go on and on. After a week of nerve-wracking volatility, the Dow Jones Industrial Average DJIA, -4.15% fell more than 1,000 points Thursday, or 4.15%, extending its recent selloff to more than 10%. That means the Dow is now officially in correction territory.

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