Monday, August 8, 2011

Dow Falls 635: Sixth Biggest Stock Market Crash Ever


The Dow crashed 635 points today.

This is the worst plunge since 2008, and the sixth biggest crash in history:

Largest daily point losses

Rank↓ Date↓ Close↓ Net Change↓ % Change↓
1 &2008-09-29 10,365.45 −777.68 −6.98
2 &2008-10-15 8,577.91 −733.08 −7.87
3 &2001-09-17 8,920.70 −684.81 −7.13
4 &2008-12-01 8,149.09 −679.95 −7.70
5 &2008-10-09 8,579.19 −678.91 −7.33
6 &2011-08-08 10,809.85 −634.76 −5.55
7 &2000-04-14 10,305.78 −617.77 −5.66
8 &1997-10-27 7,161.14 −554.26 −7.18
9 &2008-10-22 8,519.21 −514.45 −5.69
10 &2011-08-04 11,383.68 −512.76 −4.31
11 &1998-08-31 7,539.06 −512.62 −6.37
12 &2008-10-07 9,447.11 −508.39 −5.11
13 &1987-10-19 1,738.74 −508.00 −22.61
14 &2008-09-15 10,917.51 −504.48 −4.42
15 &2008-11-05 9,139.27 −486.01 −5.05
16 &2008-09-17 10,609.66 −449.36 −4.06
17 &2008-11-20 7,552.29 −444.99 −5.56
18 &2008-11-06 8,695.79 −443.48 −4.85
19 &2001-03-12 10,208.25 −436.37 −4.10
20 &2008-11-19 7,997.28 −427.47 −5.07

Gold - once again ignoring those who say it is in a bubble - rose 70.
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3 comments:

  1. John Caelan / quebbAugust 8, 2011 at 1:37 PM

    Look at the futures for tomorrow, and the international futures for tonight overseas!

    http://money.cnn.com/data/afterhours/

    ReplyDelete
  2. rdgiliadAugust 8, 2011 at 3:41 PM

    I had a very vivid dream Friday night, the
    Dow had dropped 1000 by Monday, or what I thought was Monday in the dream even though I saw no Calender, maybe I was
    off by a day;D JUMP YOU FUCKERS!

    ReplyDelete
  3. MajuAugust 8, 2011 at 4:08 PM

    By percentage (what is what really matters because values are relative and not absolute) it is not even ranked. Yet I see four ranked from 2008.

    It doesn't seem so important taken alone because the biggest crash ever by all measures is the Black Monday of 1987 and nothing really happened around it.

    ReplyDelete

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