Business

Biggest 1-day drops for the Dow Jones industrial average

06 of February 2018

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Monday, Feb. 5, 2018. The Dow Jones industrial average plunged more than 1,100 points Monday as stocks took their worst loss in six and a half years. (AP Photo/Richard Drew),A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Monday, Feb. 5, 2018. The Dow Jones industrial average plunged more than 1,100 points Monday as stocks took their worst loss in six and a half years. (AP Photo/Richard Drew)

Biggest one-day declines for the Dow Jones industrial average

A steep sell-off in U.S. stocks sent the Dow Jones industrial average down more than 1,000 points Monday, erasing its gains for the year.

At one point the Dow was down as much as 1,600 points. The Dow’s plunge was the biggest ever in terms of points, but on a percentage basis, it was only its 100th worst single day drop, according to S&P Dow Jones Indices. It had a larger percentage drop as recently as August 2011.

The Dow’s steepest percentage decline was on “Black Monday” on October 19, 1987, when it fell 22.6 percent.

Here are the 10 largest point declines:

___

Source: S&P Dow Jones Indices