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Wikipedia has a list for this, point-wise today was #3 pushing yesterday down to #6. https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jone

by TomK32 2y ago

Wikipedia has a list for this, point-wise today was #3 pushing yesterday down to #6. https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average#Largest_point_changes https://en.wikipedia.org/wiki/List_of_largest_daily_changes_...

AznHisoka 2y ago
Shouldn’t we be looking at percentage changes? Naturally, there would be larger point changes as the total market cap of the entire market goes up over time
- deleted 2y ago
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- yieldcrv 2y ago
  for derivatives traders, points is good enough, given how options prices are calculated but yeah, it is a red herring in an industry that’s obsessed with hyperbolic phrasing
- mimirs 2y ago
  It’s 6th (yesterday) and 7th (today) by rate.
  - vonmoltke 2y ago
    Only within the table of 20 largest point drops. Neither even makes the table of 20 largest percentage drops (which is above).
    - sgc 2y ago
      This metric will be irrelevant shortly. Better to start looking at weekly, monthly, annual declines. No doubt it will soon make this page: https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets https://en.wikipedia.org/wiki/List_of_stock_market_crashes_a...
- freddie_mercury 2y ago
  Exactly right. Otherwise we have to argue that 18 of the 20 worst days in economic history happened in the last 3 years, far surpassing the crashes of 1929 or 1987.
- semiquaver 2y ago
  As a price-weighted measure, even a percentage drop is not that comparable over time.
- TomK32 2y ago
  The article has both, but then we could also look at percentage change in a time span longer than a day or shorter. Those lists are arbitrary but Trump has added to this list two days in a row.
- pera 2y ago
  I agree. Sorted by percentage: 2025-04-04 is #7 (−5.50%) and 2025-04-03 is #12 (−3.98%)
jredwards 2y ago
Incredible. Trump is in office for 9 of the top 10 single-day point losses. I know % losses are far more relevant, but it's still baffling the support this guy gets.
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by TomK32 2y ago

AznHisoka 2y ago

Shouldn’t we be looking at percentage changes? Naturally, there would be larger point changes as the total market cap of the entire market goes up over time

deleted 2y ago
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yieldcrv 2y ago
for derivatives traders, points is good enough, given how options prices are calculated but yeah, it is a red herring in an industry that’s obsessed with hyperbolic phrasing
mimirs 2y ago
It’s 6th (yesterday) and 7th (today) by rate.
- vonmoltke 2y ago
  Only within the table of 20 largest point drops. Neither even makes the table of 20 largest percentage drops (which is above).
  - sgc 2y ago
    This metric will be irrelevant shortly. Better to start looking at weekly, monthly, annual declines. No doubt it will soon make this page: https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets https://en.wikipedia.org/wiki/List_of_stock_market_crashes_a...
freddie_mercury 2y ago
Exactly right. Otherwise we have to argue that 18 of the 20 worst days in economic history happened in the last 3 years, far surpassing the crashes of 1929 or 1987.
semiquaver 2y ago
As a price-weighted measure, even a percentage drop is not that comparable over time.
TomK32 2y ago
The article has both, but then we could also look at percentage change in a time span longer than a day or shorter. Those lists are arbitrary but Trump has added to this list two days in a row.
pera 2y ago
I agree. Sorted by percentage: 2025-04-04 is #7 (−5.50%) and 2025-04-03 is #12 (−3.98%)

jredwards 2y ago

Incredible. Trump is in office for 9 of the top 10 single-day point losses. I know % losses are far more relevant, but it's still baffling the support this guy gets.

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