Archive for July 27th, 2007

Daily Archive
Friday, July 27th, 2007

How serious is a 312 point market decline?

On the face of it yesterday’s drop of 312 points (-2.3%) in the Dow Jones Industrial Index is scary stuff. The chart below tells the sorry tale.

But just how serious is this decline from a historical perspective?
Since the start of the Dow in 1896 we have seen a drop of more than 312 points on 15 occasions. […]

7 Comments » - Posted in Markets, Money, Stocks, Investment, Finance, Economy, Equities, Business by Prieur du Plessis