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After the U.S. House of Representatives rejected the Emergency Economic Stabilization Act of 2008 on September 29, 2008, the Dow dropped over 777.68 points at the end of the day of trading, breaking the previous record set in 2001. A week later, on October 6, 2008, the Dow broke the intraday record point loss when it briefly was down 800 points over an hour before the close.
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Fast Facts
- Single-day record point loss: 777.68 pointsThe New York Times: For Stocks, Worst Single-Day Drop in Two Decades (September 29, 2008)
- Date: September 29, 2008The New York Times: For Stocks, Worst Single-Day Drop in Two Decades (September 29, 2008)
- Percentage loss: Approximately seven percentThe New York Times: For Stocks, Worst Single-Day Drop in Two Decades (September 29, 2008)
- Broke record set on September 17, 2001Hartford Courant: Dow Drops Record 684 Points As Jittery Markets Reopen (September 18, 2001)
- 2001 drop was on first day stock market reopened after 9-11Hartford Courant: Dow Drops Record 684 Points As Jittery Markets Reopen (September 18, 2001)
- Percentage loss on September 17, 2001: 7.12%Hartford Courant: Dow Drops Record 684 Points As Jittery Markets Reopen (September 18, 2001)
- Worst one-day percentage loss: 22.6%CNBC: Charting the Dow in 1987: Eight Months of Gains, One Month of Pain
- Date of worst one-day percentage loss: October 19, 1987CNBC: Charting the Dow in 1987: Eight Months of Gains, One Month of Pain
- Third worst record point loss: 617 points
- Date of third worst record point loss: March 14, 2000
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