Volatility Is Scary—but It's Normal
The Dow's recent antics are an extreme resumption of one of markets’ typical features.
by Gillian B. White
Feb 06, 2018
2 minutes
By the end of the day on Monday, the Dow had since the markets had opened that morning—its largest one-day drop ever. The day’s losses totalled up to around 4.6 percent percent of the index’s value, which is not insignificant, but also not unheard of: A drop of more than 3 percent followed Brexit back in 2016. And Monday’s losses weren’t on anywhere near, a day in 1987 that earned its name from the erasure of more than 20 percent of the Dow’s value.
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