Data Points: One-Day Stock Market Losses

How Monday's Wall Street tumble ranks with historic stock collapses

September 16, 2008 RSS Feed Print

12.8%: Drop in the Dow Jones Industrial Average (DJIA) on Black Tuesday (Oct. 29, 1929)

22.6%: Largest one-day percentage drop in stock market history (Black Monday, Oct. 19, 1987)

4.4%: Drop in the DJIA on Sept. 15, 2008

Sources: CNN, Britannica, Investopedia

Tags:
history,
stock market

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Why are there triggers to halt the market one way? With a ten thousand DOW 500 points is 5%. If the market wants to shoot up the regulations allow it to go to the sky, why? If they only allow the market to move so fast downward then halt the market it's really not a true free market. Let it rise and fall equally.

agree

of WI 11:01AM January 06, 2009

Please try to keep your terms consistent. "Wall Street", what is that? Is it the same as the New York Stock Exchange, a building that is located on Wall Street? "Largest one day drop in stock market history" means what--which stock market? Drop in what? You should inject "drop in the DJIA". "Drop in the DJIA" means simply an average in a small range of stocks of 30 (since 1928) large companies and the mix of companies has changed radically over the decades. We would do far better to consider the NYSE index or the S&P 500.

Randolph Cunningham 8:25AM October 10, 2008

Why are there triggers to halt the market one way? With a ten thousand DOW 500 points is 5%. If the market wants to shoot up the regulations allow it to go to the sky, why? If they only allow the market to move so fast downward then halt the market it's really not a true free market. Let it rise and fall equally.

of WA 12:37PM September 16, 2008

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