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
618 points (5.7%)
After learning that core consumer prices had risen 0.4% — more than expected — investors got rid of technology stocks in droves. The sell-off spread to other industries causing all 30 stocks in the Dow to fall, a drop of almost 618 points, while all but 16 of the Standard & Poor's 500 Index stocks sank as well. Between Monday and Friday of that week investors lost a total of $2 trillion.
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