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Dow has 20th Triple Digit Move of the Year
Published:
Thursday, 14 Feb 2008 | 4:07 PM ET
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By: Ariel Nelson
Director of Market Data & Content Services
Director of Market Data & Content Services
The Dow [.DJIA
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] closed with a triple digit loss today, the 20th plus/minus 100+ point move of the year.
20 triple digit moves of the DJIA in 31 sessions
- 9 up
- 11 down (counting today)
- Biggest Gain +299 on Jan 23
- Biggest Drop -370 on Feb 5
This is the most 100+ moves ever in the first month and a half of a year. The previous record for the same time period was 14 in 2000.
100+ Point moves of the Dow (2008 excludes today)
On a percentage basis, this will be the 17th +/- 1% move in the first month and a half of a year. This has not happened since 1933. The record is 20 times in 1932.
Weighing on the Dow today:
- JP Morgan Chase [JPM
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- Intel [INTC
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- Home Depot [HD
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- General Motors [GM
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- AT&T [T
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© 2012 CNBC.com
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