It's the biggest drop because the Dow is close to all time highs.
It's far from the biggest percentage drop. Sensationalist headline.
It's far from the biggest percentage drop. Sensationalist headline.
Agree that saying "Biggest Point Drop in History" is a deliberate attention-grabber and incites more fear than it probably should. We should be more concerned with percentage changes and at -4.6% this doesn't even make the top 20 daily percentage drops, which cuts off at -6.98% for number 20 (see above link).