Oh, I do hope you are wrong. It would be very ugly if that were the case with the technology we have now. I'd head for the mountains, with a lot of guns, a lot of ammo, and the knowledge to use it. But, just one day with the Market going down doesn't spell disaster.
"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe." -- Albert Einstein
Dow tops 22,000 for first time in 121-year history. The 8-year-old bull run for stocks powers on as Dow hits yet another record high as corporate profits rebound and global economy heals. Ref. USAToday.
Dow hits 25,000 for first time. The Dow Jones Industrial Average hit 25,000 for the first time ever Thursday, continuing a record-breaking streak. Source 2v.
The milestone-busting Dow tops 26,000 for the first time (16 January 2018), just 12 calendar days after surpassing 25,000. The blue-chip stock index is surging to start 2018 amid hopes corporate earnings will get boost from tax cut law. Ref. USAToday.
Dow jumps more than 300 points, closes above 26,000 for first time in its 121-year history. The Dow closed above the 26,000 threshold, just 13 days after eclipsing '25k' Ref. USAToday.
Dow plunges 666 points
Wall Street just suffered the worst day of the Trump presidency.
The Dow closed down 666 points, or 2.5%, its biggest percentage decline since the Brexit turmoil in June 2016 and steepest point decline since the 2008 financial crisis.
A strong jobs report showed wage growth is finally starting to pick up. That's great news for workers, but it reinforced investors' concern about inflation and the bond market.
The sell-off knocked the Dow well below 26,000. Both the Dow and S&*Tongue-in-cheek* 500 suffered their biggest weekly drops since early 2016 -- roughly 4% each. Source 1e.
Dow plunges 1,175 -- worst point decline in history
It was the scariest day on Wall Street in years.
Stocks went into free-fall on Monday, and the Dow plunged almost 1,600 points -- easily the biggest point decline in history during a trading day.
Buyers charged back in and limited the damage, but at the closing bell the Dow was still down 1,175 points, by far its worst closing point decline on record.
The drop amounted to 4.6% -- nowhere close to the destruction on Black Monday in 1987 or the financial crisis of 2008. But for investors lulled to sleep by the steady upward climb since Election Day, it was alarming. Ref. CNN.
Dow roars back for 567-point gain after scary start
Another dramatic day on Wall Street: Stocks nosedived, then they soared.
The Dow plunged 567 points at the open on Tuesday and briefly sank into correction territory -- a drop of 10% from its record high. But those losses quickly vanished, and the index ended the day up 567.
It was the Dow's biggest point gain since August 2015 and the fourth-largest in history. The percentage gain of 2.3% is the biggest since January 2016.
On Monday, the Dow plunged 1,175 points. Ref. CNN.