News and Commentary

Stock Market Plummeted 800 Points Today; Here’s Why

Adin Blumofe
Stock Market Plummeted 800 Points Today; Here’s Why
JOHANNES EISELE / Contributor via Getty Images

Today, the Dow Jones Industrial Average plummeted an alarming 800 points, which is 3.03% of its total value. This plunge more than eliminates the 400 points gained in yesterday’s session.

Every single stock in the Dow is down today, with companies only left hoping to finish the day less bruised than most of the field. Coca-Cola (KO) was the best performing stock, remaining virtually unmoved from its price at the open, dropping only -0.94%. Some other companies, such as Walmart (WMT) and Procter and Gamble (PG), held relatively stable but were still ended up with slightly deeper losses (-1.21% and -1.46%, respectively).

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