By The Associated Press
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
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The Senate has wrestled itself into an immigration stalemate, leaving hundreds of thousands of 'Dreamers' in limboMore >>
Q&A: Chadwick Boseman on the 'Black Panther' excitement, his string of iconic roles and his own personal WakandaMore >>
Aly Raisman says posing for the Sports Illustrated swimsuit issue wearing nothing but words on her body was an empowering experience and shows women don't have to be modest to be respectedMore >>
Florida Gov. Rick Scott is vowing to do what he can to keep mentally ill people from getting guns. Attorney General Jeff Sessions also is focusing on intervening with mentally ill people before school shootings happen.More >>