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Be aware that the percentage of loss is more important that the actual dollar loss. (Think of it this way; If everyone lost 1 percent of their money, and you had a thousand dollars, that would be 10 dollars. If you had 100 million dollars, it would be 1 million dollars. To the guy who has 1,000, that seems staggering, but in reality, it is not. So it is with the Dow Jones. Example The great crash in 1929 was only 68.9 points over two days; but that's a loss of 24.5%). The greatest single day loss in points was September 29, 2008 (777.68 points, 6.98%) The greatest single day loss in percentage was October 19, 1987 (508 points, 22.61%) And yet we're still here! The world hasn't ended! As you can see, the recent drop looks huge, and is huge, but does not compare to the crash of 1929. Note that the loss of 1987 was recovered by January of 1989.
What else can I help you with?
What happened on November 15?
Dow Jones average drops 120.31 points (5th largest dive) Ricky Pierce (Seattle) begins NBA free throw streak of 75 game
What is the largest percentage gain in Dow Jones Average history?
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.
What happened on November 2 1993?
Dow Jones average drops 120.31 points (5th largest dive) Ricky Pierce (Seattle) begins NBA free throw streak of 75 game
What is the largest single day gain for the DOW?
http://www.mdleasing.com/djia-losses.htm
What are the 3 largest chemical manufacturing companies in the world?
Basf, Dow and Shell
What is the DOW?
"The DOW" refers to the Dow Jones Industrial Average; which is a general measure of the stock market based on a number of key factors. It's tracked by Dow Jones & Company a financial firm in New York City. It's one of the major stock market indices that people use to measure the health of the economy. Generally when the DOW is high the economy is good, and when the DOW drops the economy isn't doing so well.
How many drops are in Angel Falls have?
Angel Falls has 2 drops - the largest being 2,647 feet
What is the largest Dow drop ever?
The largest single-day point drop for the Dow Jones Industrial Average occurred on March 16, 2020, when it dropped 2,997 points. This was a result of heightened concerns surrounding the COVID-19 pandemic and its economic impact.
What qualifies a company to be part of the Dow Jones?
Dow Jones & Company, a financial news reporting company, has a number of financial indexes. Selection of the companies whose stock prices are represented in any Dow Jones index is determined by executives at Dow Jones & Company. The most famous of the Dow Jones indexes is the Dow Jones Industrial Average, know informally as "The Dow". It is computed using the stock prices of 30 of the largest and most widely traded companies.
Is the Home Depot one of the largest corporation in the US?
Yes. It is part of the Dow Jones Industrial Average.
What does the Dow Jones Index indicate about the economy?
The Dow Jones Index (typically the Dow Jones Industrial Average) indicates the relative value of companies based on an average of the 30 largest and most widely-known companies. If the Dow Jones is high, it is assumed that the economy is doing well as profits are high and citizens are spending money.
What does a Dow Jones chart measure?
A Dow Jones Industrial Average chart measures 30 of the largest and most influential public companies in the stock market. Some companies that are measured by the Dow Jones chart are Verizon, Microsoft, HP, Home Depot and many more.
