The Dow Jones Industrials Average crashed 777.68 points on September 29, 2008, the largest drop ever. The average lost 6.98% of its value that day.
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No, but is was the worst drop since September, 2001.
On September 29, 2008, the Dow dropped 777.68 points.
On March 15, 1933, the Dow rose from 53.84 to 62.10, for a percentage gain of 15.34%. That is the largest gain in percentage terms since the creation of the Dow in 1896.
Dow-Jones is just a list of stocks. Stock prices drop when someone tries to sell some and he has to lower his price to get someone else to buy.
28.45
It is still open to interpretation. I believe it to be September 15, 2008 the day the Lehman Brothers collapsed. The Dow had its biggest point drop ever.
29,551
14,164
http://www.mdleasing.com/djia-losses.htm
Basf, Dow and Shell
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The largest drop was 778 points on September 29, 2008