The Dow Jones Industrial Average closed down 586 points yesterday (Monday), marking the eighth-worst point drop in the Dow's 133-year history. On "Black Monday," the Dow Jones closed at 15,872.22, which was a 3.56% drop.
The biggest point drop in the history of the Dow Jones Industrial Average happened on Sept. 29, 2008, when the index plummeted 6.98%.
The Dow Jones Industrial Average closed down 586 points yesterday (Monday), marking the eighth-worst point drop in the Dow's 133-year history. On "Black Monday," the Dow Jones closed at 15,872.22, which was a 3.56% drop.
The biggest point drop in the history of the Dow Jones Industrial Average happened on Sept. 29, 2008, when the index plummeted 6.98%.
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Futures for the Dow Jones Industrial Average today (Tuesday, Aug. 25) forecasted a 523-point increase as investors attempt to move past "Black Monday," in which the Dow Jones saw its largest intraday decline in its 133-year history.
This morning, China slashed interest rates again after falling another 7.6% on Tuesday. The Shanghai Index is now down more than 15% in two days, as concerns about the nation's growth rattles investors.
Here's everything investors need to know about the Dow Jones Industrial Average today...
Futures for the Dow Jones Industrial Average today (Monday, August 24) forecasted a 616-point decline, nearly 4% as traders continue to selloff over fears related to the Chinese economy.
Nasdaq futures were down more than 80 points, or 5%, as tech stocks slumped in premarket hours. Traders around the world have dubbed Aug. 24) Black Monday."
Here's everything you need to know about the Dow Jones Industrial Average today...
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