Just to add some numbers and historical references to all the figures you are going to be seeing in news articles today.
In 1929 the US stock market had the largest single day drop, the DOW Jones fell 13% on October 28, 1929. Before that day the highest the DOW had ever been was 381 points.
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In 1929 the US stock market had the largest single day drop, the DOW Jones fell 13% on October 28, 1929. Before that day the highest the DOW had ever been was 381 points.
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Comments
Yesterday, April 2, 2025, closed at 42,225.
Falling more than 5,500 points will put us in a similar situation as happened on 10/28/1929.
Pre-Market trading had us 1,000 points down already.