The Dow fell below the 12,000-mark on today's trading session, reaching its lowest level since March 21, 2011.
Indeed, the index has dropped about 890 points or 7 percent since it hit a 3-year high on May 2, 2011, when it traded as high as 12,876.
At the current levels, the Dow is off by about 16 percent from its all-time intraday high of 14,198.10 reached on October 11, 2007.
Here is a snapshot of where the markets stood the last time the Dow traded below 12,000, as well as the first time the index ever hit this mark.
March 18, 2011: The last time the Dow closed below 12,000
- Dow closed at 11,858.52
- S&P closed at 1,279.20
- NASDAQ closed at 2,643.67
- Oil settled at $101.07 per barrel
- Gallon of US regular conventional was $3.56 (EIA)
- Gold settled at $1,416.1
- 10-yr note yielded 2.9 percent
October 18, 2006: The first time the Dow closed above 12,000
- Dow closed at 12,011.73
- S&P closed at 1,366.96
- NASDAQ closed at 2,340.94
- Oil settled at $58.5 per barrel
- Gallon of US regular conventional was $2.226 (EIA)
- Gold settled at $602.5
- 10-yr note yielded 4.786 percent