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LetMyPeopleVote

(182,351 posts)

30. Largest daily point drops in DOW history:

Mon Aug 5, 2024, 12:26 PM

Aug 2024

Link to tweet

2020-03-16 −2,997.10 TRUMP
2020-03-12 −2,352.06 TRUMP
2020-03-09 −2,013.76 TRUMP
2020-06-11 -1,861.82 TRUMP
2020-03-11 −1,464.94 TRUMP
2020-03-18 −1,338.46 TRUMP
2020-02-27 −1,190.95 TRUMP
2018-02-05 −1,175.21 TRUMP
2018-02-08 −1,032.89 TRUMP
2020-02-24 −1,031.61 TRUMP
2020-04-01 −973.65 TRUMP
2020-03-05 −969.58 TRUMP
2020-03-27 −915.39 TRUMP
2020-02-25 −879.44 TRUMP
2020-02-25 −879.44 TRUMP
2018-10-10 −831.83 TRUMP
2019-08-14 −800.49 TRUMP
2018-12-04 −799.36 TRUMP
2020-03-03 -785.91 TRUMP

At least Trump is #1 at something.

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Mersky

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Highlight:

What's happening with the stock market is apparently a correction, not a crash, of overvalued stocks, mostly tech/AI. [View all] highplainsdem Aug 2024 OP

I always thought the S&P reflected the US economy. Emile Aug 2024 #1

It is simply the 500 most valuable companies tinrobot Aug 2024 #3

I always thought tech stocks were NASDAQ. Emile Aug 2024 #7

S&P 500 ETF Components Celerity Aug 2024 #16

'Thanks,' all my S+P's down. elleng Aug 2024 #34

Hmmm lonely bird Aug 2024 #39

Thanks. That was interesting to look at. Susan Calvin Aug 2024 #42

NASDAQ is the exchange where a lot of them are traded tinrobot Aug 2024 #36

Some posters will find this news disappointing, since hysteria and predictions of doom Ocelot II Aug 2024 #2

This would be a good day PennRalphie Aug 2024 #4

Was having a conversation about the market with a buddy three days ago Sympthsical Aug 2024 #5

The market goes up, the market goes down. It comradebillyboy Aug 2024 #6

Me too! Are we financial geniuses, or not? marybourg Aug 2024 #10

Take the correction now so the markets notemason Aug 2024 #8

..and their dreams of Crypto deregulation are fading... Chakaconcarne Aug 2024 #9

Some sectors are doing reasonably well. Hugin Aug 2024 #11

The powers that be want a rate cut Johonny Aug 2024 #12

A lot of this is program trading RussBLib Aug 2024 #13

I came in this morning and all of a sudden, people freaking, hire VP NOW!!! LizBeth Aug 2024 #14

Thinking about the markets with no coffee onboard. Prairie_Seagull Aug 2024 #18

lol.... LizBeth Aug 2024 #19

Look @ what Nikkei's been doing recently. elleng Aug 2024 #33

Thank you. obnoxiousdrunk Aug 2024 #15

BINGO !! NASDAQ down 12% DOW down 5% over last 5 days,... text book correction uponit7771 Aug 2024 #17

Correctomundo! SeanHG Aug 2024 #24

Looks like most of NASDAQ is profit taking from APPL and NVIDIA, if this was 11% down for top 20% I'd be more concerned uponit7771 Aug 2024 #27

I spent about 25 years in the investment business. It's not inflation, it's uncertainty about the election. ashredux Aug 2024 #20

My opinion is that the rich people will get richer and the unrich willl explain the details. twodogsbarking Aug 2024 #21

Thank you Maeve Aug 2024 #22

Ho-hum ramapo Aug 2024 #23

The Biggest Moron Of Them All Is Tr**p And This Is Playing Right Into His Hands....... global1 Aug 2024 #25

It's the combination of a lot of things Warpy Aug 2024 #26

The 10% correction is NASDAQ, DOW Jones is down only 1% IronLionZion Aug 2024 #28

dow down 2.+ elleng Aug 2024 #32

Tell this to the crazy click-bait wolf-crying media headline writers mdbl Aug 2024 #29

Largest daily point drops in DOW history: LetMyPeopleVote Aug 2024 #30

Third largest drop was 38.3 points. Points are meaningless Bernardo de La Paz Aug 2024 #46

'Just' a 'correction' away from the phony/artificial/crypto crap? elleng Aug 2024 #31

exactly - it's like -800 now - nothing but a blip samsingh Aug 2024 #35

And a chart of stock market trends Bettie Aug 2024 #37

I've been through many "crashes"... orwell Aug 2024 #38

It's been expected for awhile. jmbar2 Aug 2024 #40

I have been saying this for awhile BumRushDaShow Aug 2024 #41

Market has been way over-valued moniss Aug 2024 #43

After almost every tax giveaway Farmer-Rick Aug 2024 #44

The market is disappointed that President Biden is leaving Mr. Sparkle Aug 2024 #45