OMG! Stocks are tanking! Relax.

Investors threw a hissy fit due to concerns about new stock market regulations in China, more worries about Greece and the rest of Europe and weak earnings in the U.S. But it's not the end of the world. We are long overdue for a correction.

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CNNMoney assistant managing editor Paul LaMonica highlights the latest news from Wall Street and what's moving the markets in his daily investing commentary.
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