
The Dow is down 650 points, on pace for one of its worst point drops in history.
Yet it is down only 2.5% today. That’s far, far from its worst day on a percentage basis. That took place on October 19, 1987, "Black Monday," when the Dow lost 22.6% in a single day.
Here are the worst point drops on record:
Date ... Change
02/05/2018 ... -1,175.21
02/08/2018 ... -1,032.89
10/10/2018 ... -831.83
12/04/2018 ... -799.36
09/29/2008 ... -777.68
08/05/2019 ... -767.27
10/15/2008 ... -733.08
03/22/2018 ... -724.42
09/17/2001 ... -684.81
12/01/2008 ... -679.95
10/09/2008 ... -678.91
02/02/2018 ... -665.75
01/03/2019 ... -660.02
12/24/2018 ... -653.17
08/08/2011 ... -634.76
04/14/2000 ... -617.77
05/13/2019 ... -617.38
06/24/2016 ... -610.32
10/24/2018 ... -608.01
11/12/2018 ... -602.12