Why the Dow had its Biggest Point Loss in History and More Big Losses for Stocks Could be Coming
Feb. 8, 2018
The Dow Jones Industrial Average lost 1,175.21 points Monday — its biggest point loss ever — and has lost almost 8 percent of its value the past few bloody days.
The S&P 500 and Nasdaq are likewise down 7 percent and 6.68 percent the past five days, according to CNNMoney.
Asian markets were also down big Monday and Dow futures were pointing to potentially another 1,000-point loss Tuesday, according to CNBC.
So what should investors look for going forward?
University of Arizona finance professor and stock market expert Christopher Lamoureux said U.S. stocks have essentially given back their gains from early December.
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