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:
|Date||Close||Decline in Points||Decline in Percent|
|Feb. 5, 2018||24,345.75||-1,175.21||-4.6|
|Feb. 8, 2018||23,860.46||-1,032.89||-4.2|
|Sept. 29, 2008||10,365.45||-777.68||-7|
|Oct. 15, 2008||8,577.91||-733.08||-7.9|
|Sept. 17, 2001||8,920.70||-684.81||-7.1|
|Dec. 1, 2008||8,149.09||-679.95||-7.7|
|Oct. 9, 2008||8,579.19||-678.92||-7.3|
|Feb. 2, 2018||25,520.96||-665.75||-2.5|
|Aug. 8, 2011||10,809.85||-634.76||-5.6|
|April 14, 2000||10,305.78||-617.78||-5.7|
Source: S&P Dow Jones Indices, FactSet