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Major Indices Down 4% Over 2 Days

Tuesday, 5 Feb 2008 | 5:33 PM ET

After a big rally last week, the Dow, S&P and NASDAQ are down big over the past two days. This is the first time since January 2003 that all three indices are simultaneously down over 3.5% in a two day period.

  • Dow down 2.9% for the day, 3.8% over the past two days
  • S&P down 3.2% for the day, 4.2% over the past two days
  • Nasdaq down 3.1% for the day, 4.3% over the past two days

By the close of January 27, 2003, the Dow, S&P and Nasdaq were all down 4.5% over two days. The three major indices have only fallen 3% on the same day 24 times, the last time was one year ago on Feb 27, 2007.

Days with 3% Drops in Major US Indices

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  Price   Change %Change
DJIA
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S&P 500
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NASDAQ
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