(WSIL) -- The stock market is recovering after a brief sell off Monday.
Fears that a major Chinese real estate developer could default on a large debt triggered the sell off with the Dow Jones dropping more than 600 points.
SIU economic professor Kevin Sylwester says although that may sound big it represents about a 2% drop overall.
"Certainly that doesn't happen every day, but it's not so rare either. And most people would not consider it anywhere approaching a crash that sometimes you see in the past where the stock market would lose 10%, 20% in a single day. We're nowhere near that." said Sylwester.
Sylwester said despite September's slide the Stock market has been trending towards a bull market during the last year.
