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

Reader Comments Read all comments (3)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

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

advertisement

Debate Club

Was 2011 One of the Worst Years for the U.S. Government in American History?

Experts debate where 2011 ranks among Washington's worst years.

Latest Video

Thomas Jefferson Street Blog

What the GOP Should Do if Obamacare Falls

If Obamacare is struck down by the Supreme Court, the Democrats are responsible for proposing another plan.

Barack Obama and George Bush Show Congress How to Act Like Adults

Obama and Bush are capable of acting like adults. Why isn't Congress?

Mitt Romney Should Put Up or Shut Up on Syria

The Republican candidate has proven he doesn't have the foreign policy credentials necessary to be president.

Mitt Romney's Colorado Disconnect

The presumptive GOP nominee seems unwilling or unable to talk about local issues in a swing state he desperately needs to win.

Donald Trump Makes Kim Kardashian Look Good

At least Kim Kardashian doesn't take herself seriously.

The Vietnam War Still Haunts Us

History rhymes once again, thanks so much.

'Transcripters' Make Birthers Look Smart

Now the fringe right wants the president's university grades to prove he wasn't a good student.

Obama Must Do More to Protect the Intellectual Property Industry

The Obama administration needs to protect the industry's creativity and innovation.

advertisement