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mahatmakanejeeves

(57,378 posts)
Thu Mar 16, 2023, 11:41 AM Mar 2023

On this day, March 16, 2020, the Dow Jones Industrial Average had the largest point drop in history.

https://en.wikipedia.org/wiki/March_16

• 2020 – The Dow Jones Industrial Average falls by 2,997.10, the single largest point drop in history and the second-largest percentage drop ever at 12.93%, an even greater crash than Black Monday (1929). This follows the U.S. Federal Reserve announcing that it will cut its target interest rate to 0–0.25%.
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