Stocks worldwide extended their slide even after Central Banks around the world coordinated emergency rate cuts earlier in the week in an effort to help unfreeze the credit markets, and soothe the financial sector. The Dow had its worst week ever in terms of points as well as percent drops, losing 1874 points or down 18.15%.

Dow Worst Week Ever:
-The second biggest weekly percentage drop was the week ending July 21, 1933 when the Dow closed down -15.55% for the week
-The third biggest weekly drop for the Dow on a percentage basis was the week ending Friday, 9/21/01 after 9/11 when the Dow fell 14.26% for the week
*There has never been a point drop in a week of greater than 1,600 points back to the Dow's inception in 1896
-The Dow is now down 40.67% off its market peak on October 9, 2007 of 14,164.53
On Friday, the Dow swung 1,018.77 points from high to low for the first time in its history
In market cap, the Dow lost $26.7B in market cap on Friday, and a two-day loss of $263.7B in market cap
S&P 500 2nd Worst Week Ever: 
The S&P ended the week down 200.01 points and -18.19% for the week making it the second worst drop ever (data back to 1928):
-The biggest percent drop for the S&P was the week ending July 21, 1933 when the S&P dropped -18.57%
-The third biggest percent drop was the week ending May 17, 1940 when the S&P fell -15.39%
4th Biggest S&P drop was September 16, 1932 when the S&P fell -13.49%
-The S&P is now down almost 42.27% from its peak of 1565.15 on October 9, 2007
NASDAQ 4th Worst Week Ever: 
The NASDAQ Composite is down 297.88 points and -15.30% for the week (Data back to 1971) -The NASDAQ closed slightly positive for the day on Friday
-The worst drop for the NASDAQ was the week ending April 14, 2000 when it dropped 25.31%
-The second worst drop was the week ending October 23, 1987 when the NASDAQ fell 19.17%
-The third worst drop was the week ending September 21, 2001 when the NASDAQ fell -16.06%
-The NASDAQ is now down almost 41.44% from its peak of 2859.12 hit on October 31, 2007
The VIX hit a high of 76.94 on Friday, hitting levels not seen since October, 1987


All Sectors are negative for the week led be Energy down over 25% for the week, and with Industrials the least negative at -11.49% for the week


Oil settles below $80 per barrel at $77.70 to almost 13-month lows falling over 17% this week, but oil has traded back above $80 per barrel in the electronic session

The US dollar hits 14-month highs against the euro, and regains some of its losses against the yen


Bythenumbers.cnbc.com

Tools:

PrintEmail

Back to Main Page

• 

CNBC HIGHLIGHTS

» More: Blogs | Slideshows | Special Reports | Top Video

• 

• Buffett & Gates Talk At Columbia 

• Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.

• 

• The Roberts Way 

• For the chief of cable company Comcast, growth has been about making deals – generally very large deals.

• GE Talks Go Slowly 

• 

• Carbon Insurance 

• Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?

• 

• Acai In The Big Box 

• The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.

• 

• Swiss Sue Google 

• Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.

• 

• Bugatti in the Drink 

• A wealthy, distracted Texas driver crashed his million-dollar Bugatti Veyron sports car into a salt marsh, say police.

COMMENTS

More Comments

 

« First | « Previous

Next » | Last »

Thank you for joining our discussion. Your comment has been posted.

ADD COMMENTS

Please Sign In or Register to participate.

In order to add a comment you must click here and accept our terms and conditions.

Edit Screen Name

Please sign-in/optin or register to be able to submit comments.

Remaining characters

CNBC welcomes your contribution. Please respect our community and the integrity of its participants. CNBC reserves the right to moderate and approve your comment.

PREVIEW COMMENT

Your comments have not been posted yet.
Please review your submission to make sure you are comfortable with your entry.

Your Comments: