Dow’s Biggest Percentage Losses Ever, Today’s 1175 Crash Doesn’t Make Top 10

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  • #14849
    KnovaWave
    Participant

    After Crashing 666 points Friday the Dow…

    [article]560[/article]

    #14925
    MoneyNeverSleeps
    Participant

    For the second time this week, Dow closed lower by more than 1,000 points.

    The $DJIA is now off 10% off its record high just two weeks ago. The last time that happened so fast for 10% was in 1928.

    Fears about the bond market, inflation and interest rates were the source of blame by both talking heads.

    The Dow finished down1,033 points for the second-worst point drop in history, just undery Monday’s 1,175-point nosedive.

    #14927
    Assistanc3
    Participant

    if things were 10% on sale at Walmart people would be lined up to get
    but when it comes to investing in ones retirement, they look for blame

    #15486
    MoneyNeverSleeps
    Participant

    Well that turned around quickly a new record close for the Nasdaq after NFP

    The first day since since January 26th a major index closed at a record level and those crashes in between

    The Dow closed up 440.53 points or 1.77% at 25335.74.
    The Dow industrial average rose 3.25% for the week
    The Dow is now up 2.49% For the year

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