What is the largest daily point loss of the Dow Jones Industrial Average? – 2017

What is the largest daily point loss of the Dow Jones Industrial Average?




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Answer: The largest single-day point decline for the Dow remains September 29, 2008, when the index fell nearly 778 points, or almost 7%, at the offset of the financial crisis.




The Dow suffered its worst point decline after the House defeated a $700 billion bailout package that was backed by the Bush administration and meant to shore up the nation’s financial system. Percentage-wise, the 6.98% drop was less painful than the largest-ever percentage loss of 22.6% which occurred on Oct. 19, 1987, earning it the dark title “Black Monday.”

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