RSS Feed by Calculated Risk on 8/10/2011 04:14:00 PM
Wednesday, August 10, 2011
Dow Down 500+, S&P 500 down 4.4%
This was the third big down day this month ...
From the WSJ: Stocks Slide 4.6%, Erasing Tuesday Gains
The Dow Jones Industrial Average fell 520.29 points, or 4.6%, to 10719.48, while the Standard & Poor's 500-stock index slid 51.83 points, or 4.4%, to 1120.70 and the Nasdaq Composite lost 101.47 points, or 4.1%, to 2381.05.The table below shows the largest down days on the S&P 500 since 1950.
... In a reflection of investor concern, the CBOE Market Volatility Index, the "fear gauge" known as the VIX, surged 18%
| Largest S&P 500 One Day Percentage Declines since 1950 | ||||||
|---|---|---|---|---|---|---|
| Date | Percent Decline | Close | Previous Close | Six Months Later | ||
| 1 | 10/19/1987 | -20.5% | 224.84 | 282.7 | 15.3% | |
| 2 | 10/15/2008 | -9.0% | 907.84 | 998.01 | -4.7% | |
| 3 | 12/1/2008 | -8.9% | 816.21 | 896.24 | 15.7% | |
| 4 | 9/29/2008 | -8.8% | 1106.42 | 1213.27 | -28.8% | |
| 5 | 10/26/1987 | -8.3% | 227.67 | 248.22 | 15.3% | |
| 6 | 10/9/2008 | -7.6% | 909.92 | 984.94 | -5.9% | |
| 7 | 10/27/1997 | -6.9% | 876.99 | 941.64 | 23.7% | |
| 8 | 8/31/1998 | -6.8% | 957.28 | 1027.14 | 28.0% | |
| 9 | 1/8/1988 | -6.8% | 243.4 | 261.07 | 11.7% | |
| 10 | 11/20/2008 | -6.7% | 752.44 | 806.58 | 17.9% | |
| 11 | 5/28/1962 | -6.7% | 55.5 | 59.47 | 10.6% | |
| 12 | 8/8/2011 | -6.7% | 1,119.47 | 1199.38 | --- | |
| 13 | 9/26/1955 | -6.6% | 42.61 | 45.63 | 14.1% | |
| 14 | 10/13/1989 | -6.1% | 333.65 | 355.39 | 3.2% | |
| 15 | 11/19/2008 | -6.1% | 806.58 | 859.12 | 10.1% | |
| 16 | 10/22/2008 | -6.1% | 896.78 | 955.05 | -5.0% | |
| 17 | 4/14/2000 | -5.8% | 1356.56 | 1440.51 | -2.0% | |
| 18 | 10/7/2008 | -5.7% | 996.23 | 1056.89 | -18.1% | |
| 19 | 6/26/1950 | -5.4% | 18.11 | 19.14 | 10.0% | |
| 20 | 1/20/2009 | -5.3% | 805.22 | 850.12 | 18.1% | |
| 21 | 11/5/2008 | -5.3% | 952.77 | 1005.75 | -4.8% | |
| 22 | 11/12/2008 | -5.2% | 852.3 | 898.95 | 4.8% | |
| 23 | 10/16/1987 | -5.2% | 282.7 | 298.08 | -8.1% | |
| 24 | 11/6/2008 | -5.0% | 904.88 | 952.77 | 2.7% | |
| 25 | 9/17/2001 | -4.9% | 1038.77 | 1092.54 | 12.2% | |
| 26 | 2/10/2009 | -4.9% | 827.16 | 869.89 | 21.8% | |
| 27 | 9/11/1986 | -4.8% | 235.18 | 247.06 | 23.4% | |
| 28 | 8/4/2011 | -4.8% | 1200.07 | 1260.34 | --- | |
| 29 | 9/17/2008 | -4.7% | 1156.39 | 1213.6 | -31.3% | |
| 30 | 9/15/2008 | -4.7% | 1192.7 | 1251.7 | -36.8% | |
| 31 | 3/2/2009 | -4.7% | 700.82 | 735.09 | 47.1% | |
| 32 | 2/17/2009 | -4.6% | 789.17 | 826.84 | 27.2% | |
| 33 | 8/10/2011 | -4.4% | 1,120.75 | 1172.53 | --- | |
| 34 | 4/14/1988 | -4.4% | 259.75 | 271.58 | 7.0% | |
| 35 | 3/12/2001 | -4.3% | 1180.16 | 1233.42 | -8.0% | |
| 36 | 4/20/2009 | -4.3% | 832.39 | 869.6 | 31.7% | |
| 37 | 3/5/2009 | -4.3% | 682.55 | 712.87 | 46.2% | |
| 38 | 11/30/1987 | -4.2% | 230.3 | 240.34 | 10.0% | |
| 39 | 11/14/2008 | -4.2% | 873.29 | 911.29 | 4.2% | |
| 40 | 9/3/2002 | -4.2% | 878.02 | 916.07 | -6.4% | |
| 41 | 10/2/2008 | -4.0% | 1114.28 | 1161.06 | -25.1% | |
| 42 | 10/25/1982 | -4.0% | 133.32 | 138.83 | 20.3% | |
