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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
by 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[deleted]
- yieldcrv 2y agofor 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 agoIt’s 6th (yesterday) and 7th (today) by rate.
- vonmoltke 2y agoOnly within the table of 20 largest point drops. Neither even makes the table of 20 largest percentage drops (which is above).
- sgc 2y agoThis 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 agoExactly 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 agoAs a price-weighted measure, even a percentage drop is not that comparable over time.
- TomK32 2y agoThe 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 agoI agree. Sorted by percentage: 2025-04-04 is #7 (−5.50%) and 2025-04-03 is #12 (−3.98%)