{"id":38638,"date":"2020-03-14T10:56:23","date_gmt":"2020-03-14T14:56:23","guid":{"rendered":"https:\/\/sciencebusiness.technewslit.com\/?p=38638"},"modified":"2020-03-23T10:43:10","modified_gmt":"2020-03-23T14:43:10","slug":"infographic-largest-one-day-dow-declines","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=38638","title":{"rendered":"Infographic: Largest One-Day Dow Declines"},"content":{"rendered":"
\"Chart:<\/a>
(Statista)<\/figcaption><\/figure>\n

14 Mar. 2020. At Science & Enterprise, we report on the interaction of science and business, and the coronavirus pandemic offers dramatic evidence of that relationship. The business data research company Statista<\/a> published a chart yesterday that shows two of the six greatest one-day declines in the Dow-Jones Industrial Average since the year 2000 occurred last week, with the largest single-day drop on Thursday, nearly 10 percent.<\/p>\n

While the Dow recovered much of Thursday loss yesterday, a gain of 9.4 percent, the 30-stock index has fallen 21.1 percent<\/a> since 14 February, when it closed at 29,398.08. The other four largest single-day declines, each of seven to eight percent, occurred during the 2008 housing-bubble financial meltdown and reaction to the 11 September 2001 attacks on New York and Washington<\/p>\n

We’ll continue reporting on financial trends affecting science-based industries, including the Nasdaq’s Biotechnology Index and venture capital investments, which we’ve been tracking for some time.<\/p>\n

More from Science & Enterprise:<\/p>\n