Dow Jones witnessed largest single day fall of around 1200 points on Feb 2015 in its history which have wiped out many un-hedged short volatility traders who were making money easily since 2015. Sharp fall leads to sharp hike in volatility which feed on itself and leads to further decline in stock prices. After prolonged bull market of nearly 10 years, markets are finally showing signs of correction. Here are some of the biggest one day correction in dow jones in terms of absolute points. Off Course the biggest correction in terms of percentage was in 1987.
No comments:
Post a Comment