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The largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain (+2,113) occurred on March 24, 2020.
The Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 entered the bull market in November 2022, May 2023, and June 2023 respectively. [1] While 2022 was the worst year for Wall Street since 2008, [3] 2024 saw at least 36 days of closing at record-breaking highs. [4]
The historic addition of artificial intelligence (AI) colossus Nvidia may spell trouble for Wall Street's most iconic index.
On that Monday, the DJIA fell 508 points (22.6 percent), accompanied by crashes in the futures exchanges and options markets, [17] the largest one-day percentage drop in the history of the DJIA. [18] Significant selling created steep price declines throughout the day, particularly during the last 90 minutes of trading. [19]
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years. As of 11:16 a.m. ET, shares of ...
All it took was a little love on the trade front to send stocks surging on Tuesday. The Nasdaq Composite and the S&P 500 rallied 1.39% and 0.97%, respectively, with the latter closing in on ...
The United States' Dow Jones Industrial Average lost more than 2000 points, [171] described by The News International as "the biggest ever fall in intraday trading." [172] The Dow Jones Industrial Average hit a number of trading "circuit breakers" to curb panicked selling. [31] Oil firms Chevron and ExxonMobil fell about 15%. [173]
As the Dow has gotten steadily higher over the last several decades, larger point drops translate into smaller percentage drops.