The Dow Jones dropped more than 1,000 points Monday morning before rebounding.
It was the largest one-day point decline on an intraday basis ever.
Dow suffers largest one-day point decline on intraday basis ever pic.twitter.com/ujt6r5BWQQ
— Jim Hoft (@gatewaypundit) August 24, 2015
Hat Tip Anthony
The Wall Street Journal reported:
The Dow Jones Industrial Average briefly plummeted more than 1,000 points on Monday, marking the index’s largest one-day point decline ever on an intraday basis, as intensifying growth fears sparked steep stock-market losses world-wide
The blue-chip benchmark dropped as much as 1089 points before paring some of its losses. It was recently down 464 points, or 2.9% , to 15991.
The S&P 500 dropped 58 points, or 2.9% , to 1913, entering correction territory. The Nasdaq Composite fell 128 points, or 2.7% , to 4576.
At noon Eastern the Dow is still down 473 points.
