The Dow: Worst Start of The Year Since 1929

Posted by Sun on January 4, 2008
Post viewed 661 times, 5 so far today

I don’t know exactly when the worst ever start of the year was, but from the available data since 1928, the return of the first three days of the Dow in 2008 seems to be the worst since 1929. In the first 3 trading sessions of 2008, the benchmark lost a total of 464.64 points. That’s equivalent of a decline of 3.5%.

thedow.png

Before 2008, the worst start since 1929 happened in 2000 when the index lost 3.26% in three days to start the new millenium.

Now the question is how low it will go.

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