“It makes me very happy. I think that people in the market should be very thrilled.” — Trump, quoted by Barrons after the Federal Reserve cut interest rates to zero yesterday. Stock trading was halted this morning just seconds after the market opening.
Largest daily point drops DOW history excluding today 1 2020-03-12 −2,352.06 TRUMP 2 2020-03-09 −2,013.76 TRUMP 3 2020-03-11 −1,464.94 TRUMP 4 2020-02-27 −1,191.08 TRUMP 5 2018-02-05 −1,175.21 TRUMP 6 2018-02-08 −1,032.89 TRUMP 7 2020-02-24 −1,031.61 TRUMP 8 2020-03-05 −969.58 TRUMP 9 2020-02-25 −879.44 TRUMP 10 2018-10-10 −831.83 TRUMP 11 2019-08-14 −800.49 TRUMP 12 2018-12-04 −799.36 TRUMP 13 2020-03-03 -785.91 TRUMP At least Trump is #1 at something
Funny way of looking at it. Of course, you can do the inverse on the rises. Granted, there are less rises than drops, but it just shows the volatility a little bug can bring. Incredible.