Personal Pay Loan
The headlines screaming around the world at the beginning of the week of Feb 5, 2018 were dominated with these words: "Dow sees biggest one-day point drop in history!"(The "Dow" refers to the Dow Jones Industrial Average, one of the two most often cited stock market indices for the US, the other being the S&P 500).
Should You Freak Out?
Absolutely not. Here are three things to consider.
1. The Headlines Were Totally Overblown
While factually correct — the Dow did indeed have its single biggest index point decline in history — it's sloppy for people to quote index point moves to non-business news viewers when they should be using percentage point moves.read more