The Dow Is Having Its Worst Day Since 2022 (2024)

FAQs

What was the worst day of the stock market? ›

Some sources (including the file Highlights/Lowlights of The Dow on the Dow Jones website) show a loss of −24.39% (from 71.42 to 54.00) on December 12, 1914, placing that day atop the list of largest percentage losses.

The Dow Jones plunges over 1,000 points as global markets roil Stocks fell sharply across the globe on Monday, as worries about the U.S. economy triggered a worldwide sell-off.

The Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 entered the bull market in November 2022, May 2023, and June 2023 respectively. While 2022 was the worst year for Wall Street since 2008, 2024 saw at least 36 days of closing at record-breaking highs.

In fact, since these indices were first established, September has earned a reputation for being a historically weak month for returns. Going back to 1928, the S&P 500 has declined an average 1.2% in September, the weakest month of the year for stocks.

On March 15, 1933, the Dow Jones Industrial Average logged in its biggest one-day percent gain ever. Prior to its rally, President Franklin D. Roosevelt temporarily shut down the banks on March 5 following a month-long run on U.S. banks. Consequently, U.S. markets remained closed during that period.

The 1987 stock market crash, or Black Monday, is known for being the largest single-day percentage decline in U.S. stock market history. On Oct. 19, the Dow fell 22.6 percent, a shocking drop of 508 points. The crash was somewhat of an isolated incident and didn't have anywhere near the impact that the 1929 crash did.

A stock market collapse typically occurs when the economy is overheated, inflation is rising, market speculation is rampant, and there is significant uncertainty about the path of an economy.

DOW Stock 12 Month Forecast

Based on 14 Wall Street analysts offering 12 month price targets for Dow Inc in the last 3 months. The average price target is $57.15 with a high forecast of $64.00 and a low forecast of $52.00. The average price target represents a 9.80% change from the last price of $52.05.

The Dow Jones Industrial average has doubled every 8.1 years, or 2,969 days, since 1983.

What is the stock market return for the last 50 years? ›

Stock Market Average Yearly Return for the Last 50 Years

The average yearly return of the S&P 500 is 11.47% over the last 50 years, as of the end of May 2024.

The value of the DJIA index amounted to 39,118.86 at the end of June 2024, up from 21,917.16 at the end of March 2020. Global panic about the coronavirus epidemic caused the drop in March 2020, which was the worst drop since the collapse of Lehman Brothers in 2008.

While many experts are making predictions about whether the market will crash in 2024 or how severe the next downturn will be, it's impossible to say with certainty where stock prices will be in the short term. However, the market's long-term performance is all but guaranteed to be positive.

After three years in a row of double-digit gains, the S&P 500 Index pulled back significantly in 2022 and at its lowest point was down nearly 27%, well into bear market territory. The S&P gained 7.6% in the fourth quarter and was down 18.1% in 2022.

Analysts project 11.5% earnings growth and 5.5% revenue growth for S&P 500 companies in 2024. Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year.

Stock prices fall on Mondays, following a rise on the previous trading day (usually Friday). This timing translates to a recurrent low or negative average return from Friday to Monday in the stock market.

The crash on October 19, 1987, Black Monday, was the climactic culmination of a market decline that had begun five days before on October 14. The DJIA fell 3.81% on October 14, followed by another 4.60% drop on Friday, October 16. On Black Monday, the DJIA plummeted 508 points, losing 22.6% of its value in one day.

Oct. 19, 1987, also known as Black Monday, marked the largest one-day stock market decline in history. The 2020 Coronavirus Stock Market Crash lasted several months.

October 19, 1987: Black Monday (-22.6%)

On October 19, 1987, a stock market crash in Hong Kong spread throughout the world, causing the Dow to fall over 22% in a single day. This historic day would be known as Black Monday and it is the most the Dow has ever declined in a single day since The Great Depression.