List of largest daily changes in the Dow Jones Industrial Average
This is a list of the largest daily changes in the Dow Jones Industrial Average from 1896. Compare to the list of largest daily changes in the S&P 500 Index.
Largest percentage changes
The first four tables show only the largest one-day changes between a given day's close and the close of the previous trading day, not the largest changes during the trading day.Some sources show a loss of −24.39% on December 12, 1914, placing that day atop the list of largest percentage losses. The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day. However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but not those before, and it represents the only discontinuity in the index's history rather than an actual loss.
Largest point changes
The Dow Jones Industrial Average was first published in 1896, but since the firms listed at that time were in existence before then, the index can be calculated going back to May 2, 1881. A loss of just over 24 percent on May 5, 1893, from 39.90 to 30.02 signaled the apex of the stock effects of the Panic of 1893; the 2008 financial crisis was a 61.8 percent retracement thereof that began on October 11, 2007, and lasted until the closing low on March 9, 2009.The largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain occurred on April 9, 2025. As of April 9, 2025, two of the top three greatest point drops and two of the top three greatest point gains were amid the 2020 stock market crash, which was marked by extreme point swings.
Largest intraday point swings
A point swing is the difference between the intraday high and the intraday low.This is distinguished from an intraday point drop or gain, which is the difference between the opening price and the intraday low or high.
This table shows the largest intraday point swings since 1987. As the "Net Change" column shows, 13 of these 20 largest intraday swings occurred during days on which the Dow declined, and 7 occurred during days on which it advanced. None of the top 20 occurred before the year 2018.
During the 2020 stock market crash, fourteen of the top seventeen positions occurred in the month of March 2020.
| Rank | Date | Close | Day high | Day low | Point swing | Net change |
| 1 | 2025-04-09 | 40,608.45 | 40,778.70 | 37,275.69 | 3,503.01 | +2,962.86 |
| 2 | 2025-04-07 | 37,965.60 | 39,207.02 | 36,611.78 | 2,595.24 | −349.26 |
| 3 | 2025-04-08 | 37,645.59 | 39,426.60 | 37,103.86 | 2,322.74 | −320.01 |
| 4 | 2020-03-13 | 23,185.62 | 23,189.76 | 21,285.37 | 1,904.39 | +1,985.00 |
| 5 | 2025-04-04 | 38,314.86 | 40,097.90 | 38,264.87 | 1,833.03 | −2,231.07 |
| 6 | 2020-03-12 | 21,200.62 | 22,837.95 | 21,154.46 | 1,683.49 | −2,352.60 |
| 7 | 2020-03-16 | 20,188.52 | 21,768.28 | 20,116.46 | 1,651.82 | −2,997.10 |
| 8 | 2018-02-05 | 24,345.75 | 25,520.53 | 23,923.88 | 1,596.65 | −1,175.21 |
| 9 | 2020-03-18 | 19,898.92 | 20,489.33 | 18,917.46 | 1,571.87 | −1,338.46 |
| 10 | 2025-04-10 | 39,593.66 | 39,996.93 | 38,427.70 | 1,569.23 | −1,014.79 |
| 11 | 2022-10-13 | 30,038.72 | 30,168.54 | 28,660.94 | 1,507.60 | +827.87 |
| 12 | 2020-03-17 | 21,237.38 | 21,379.35 | 19,882.26 | 1,497.09 | +1,048.86 |
| 13 | 2020-03-25 | 21,200.55 | 22,019.93 | 20,538.34 | 1,481.59 | +495.64 |
| 14 | 2020-03-20 | 20,253.15 | 20,531.26 | 19,094.27 | 1,436.99 | −913.21 |
| 15 | 2024-12-18 | 42,326.87 | 43,688.97 | 42,300.04 | 1,388.93 | −1,123.03 |
| 16 | 2020-03-03 | 25,917.41 | 27,084.59 | 25,706.28 | 1,378.31 | −785.91 |
| 17 | 2020-03-10 | 25,018.16 | 25,020.99 | 23,690.34 | 1,330.65 | +1,167.14 |
| 18 | 2020-03-02 | 26,703.32 | 26,706.17 | 25,391.96 | 1,314.21 | +1,293.96 |
| 19 | 2020-03-09 | 23,851.02 | 24,992.36 | 23,706.07 | 1,286.29 | −1,141.34 |
| 20 | 2020-03-11 | 23,553.22 | 24,604.63 | 23,328.32 | 1,276.31 | −1,464.94 |