Call it a dip, dive or plunge, but do not refer to Monday’s stock market tumble as a “crash.”

“I wouldn’t call it a crash,” said Russell Bicker of Bicker Financial Services in Butler.

The Dow Jones Industrial fell 1,000 points shortly after the U.S. Stock Exchange opened on Monday morning. Oil prices, commodities and the currencies of many developing countries also tumbled on concerns that a sharp slowdown in China might hurt economic growth around the globe.

China’s main index sank 8.5 percent, and the Shanghai index suffered its biggest percentage decline since February 2007.

“This stems from a knee-jerk reaction to the Chinese not stepping up and offering to boost on their end,” said Kurt Schimmel, a business professor at Slippery Rock University.

He said that market experts have been expecting a correction for quite a while, and have taken positions in anticipation of that. He said the shock to the market was due primarily to more amateur traders who chose to sell immediately Monday morning — which Schimmel said is not something traders are advised to do.

Bicker said the fall should not be a major concern. Rather, he said the dip was a market correction. Bicker said the correction likely is more of a reaction to news from the international markets rather than to an actual problem in the U.S. He said domestic banks and employment statistics are stable.

Bicker noted that the markets have steadily been going up for the past few years, making the drop seem worse. He said, without corrections, the markets would not generate the kind of money it has been known to and instead would generate a very small amount of money — like interest from a bank account.

Howie Pentony of Pentony Capital Management in Portersville said the correction is not insignificant, but reiterated that it really was a reaction to changes outside of the U.S. He said the U.S. economy, for now, is strong. He said this was the first time in about four years when there has been this kind of market uncertainty.

“That makes people nervous,” Pentony said.

Pentony said serious investors know that the market does not go straight up, so he said they know to keep their money in the market.

For people interested in making long-term investments, Bicker said this could be a good time to get in the market due to low prices. For people who want to access their money right now, Bicker advised them to “stick around.”

Schimmel said he does not think the correction will have a long-term impact on the U.S. economy. He said China’s decision to devalue its currency — the yuan — last week will have more impact.

He said this decision creates more incentive for American companies who moved manufacturing to China in the 1970s and 1980s to stay in China rather than return to the U.S. — which he said some companies were considering.