On September 29, 2008, the Dow dropped 777.68 points.
Dow 10,917.51 -504.48 (-4.42%)
It closed at 9547.22 up 50 points
The Dow jones Industrial Average usually drops by 38 points during Black Monday. This example can be seen in the Wall Street Crash of 1929 where figures drop by nearly 13%.
The Dow Jones index has been fluctuating this past week. In the past 2 days alone, the Dow has dropped significantly, over 400 points each day. This morning it also began with a drop.
The Dow Jones Average is Down 15 Dollars
On September 29, 2008, the Dow dropped 777.68 points.
The Dow stock market closed 266 points down on the 15th of April 2013. The Dow had already fallen 146 points when the Boston Marathon explosions took place at approximately 3pm, after this it fell another 120 points.
Today - October 6, 2008 - was the first time the Dow Jones was below 10,000 points since October 26, 2004.
Dow 10,917.51 -504.48 (-4.42%)
Below 2000 points during the great depression.
The index value of the DOW is a snapshot of the performance of all the stocks listed in that particular stock market. It is a weighted average of the prices of some of the most successful and prominent stocks in the US stock markets. If the DOW gains points, it means majority of the stocks in the index are being bought by people and their prices are increasing. If the DOW is losing points, it means majority of the stocks in the index are being sold and their prices are falling
The last time the Dow Jones was below 1,000 was in the second half of 1982.
Be aware that the percentage of loss is more important that the actual dollar loss. (Think of it this way; If everyone lost 1 percent of their money, and you had a thousand dollars, that would be 10 dollars. If you had 100 million dollars, it would be 1 million dollars. To the guy who has 1,000, that seems staggering, but in reality, it is not. So it is with the Dow Jones. Example The great crash in 1929 was only 68.9 points over two days; but that's a loss of 24.5%). The greatest single day loss in points was September 29, 2008 (777.68 points, 6.98%) The greatest single day loss in percentage was October 19, 1987 (508 points, 22.61%) And yet we're still here! The world hasn't ended! As you can see, the recent drop looks huge, and is huge, but does not compare to the crash of 1929. Note that the loss of 1987 was recovered by January of 1989.
Just more than 400 points.
It closed at 9547.22 up 50 points
1987 (: