Biggest 1-day drops for the Dow Jones industrial average

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Another steep sell-off in U.S. stocks sent the Dow Jones industrial average down more than 1,000 points Thursday for the second time in four days.

The Dow's plunge was the second-biggest ever in terms of points, while on a percentage basis, Monday's drop was the largest since August 2011, according to S&P Dow Jones Indices.

The latest drop in the Dow places the 30-company average into a "correction," what Wall Street calls a drop of 10 percent or more from an index's recent peak. It's the first correction in almost two years. The Dow's last peak was January 26.

The Dow's steepest one-day percentage drop came on "Black Monday" on October 19, 1987, when it fell 22.6 percent.

Here are the 10 largest point declines:

DateCloseDecline in PointsDecline in Percent
Feb. 5, 201824,345.75-1,175.21-4.6
Feb. 8, 201823,860.46-1,032.89-4.2
Sept. 29, 200810,365.45-777.68-7
Oct. 15, 20088,577.91-733.08-7.9
Sept. 17, 20018,920.70-684.81-7.1
Dec. 1, 20088,149.09-679.95-7.7
Oct. 9, 20088,579.19-678.92-7.3
Feb. 2, 201825,520.96-665.75-2.5
Aug. 8, 201110,809.85-634.76-5.6
April 14, 200010,305.78-617.78-5.7

___

Source: S&P Dow Jones Indices, FactSet

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