Utah analyst says market 'correction' was expected

SALT LAKE CITY — With shares on the New York Stock Exchange losing 4.6 percent in value on Monday on top of significant losses from Friday, some investors were left reeling after the prolonged market rise over the past few years.But a Utah economist said the drop was to be expected based on previous experience."The market went up about 6 percent in January, that's a huge amount for one month," said Jeff Steagall, economics professor and dean of the Goddard School of Business & Economic