The Dow Jones Industrial Average spiked 1000 points after recording its biggest drop since 1987, but as of 3:05am, the next day, futures are down 821 points

Yesterday the market continued with the insane volatility, spiking 1000 points, but as of 3:05am, futures are indicating an almost complete reversal of yesterdays gains.

CNN also reported an interesting statistic yesterday: this market crash will be the fastest descent into a bear market in American history.

“the S&P 500 recorded its quickest bear market ever, falling 20% from its peak in just 15 trading days. That’s twice as fast as the next quickest meltdown. That was in 1929, and it took 30 trading days. Read more

Bloomberg’s front page archived, and market summary archived
Financial Times front page archived.

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