Top 10 Dow Jones Drops
In the wake of the U.S. House of Representatives' 228-205 rejection of the Bush administration's $700 billion bailout bill, the Dow Jones industrial average plunged 778 points. It was the largest one-day drop in history, though in terms of market percentage lost, it failed to approach the calamitous crashes of 1987, 1929, and 1914.
—Alex Altman & Frances Romero
February 27, 2007
416 points (3.3%)
The 778-point drop on Sept. 29, 2008 was Dow Jones Industrial Average's biggest single-day point drop ever. But there have been other ugly days in the index's history. On Feb. 27, 2007, slumping Chinese stocks, fears over the domestic market's steadiness and
what appeared to be a Taliban assassination attempt on Vice President Dick Cheney during his visit to Afghanistan sent the market into its biggest tailspin since it reopened after the Sept. 11, 2001 terrorist attacks.
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