The stock market tanked for a second consecutive day Friday after China retaliated to President Donald Trump's reciprocal tariff announcement. The Dow Jones dropped 2,231.07 points, or 5.5%, to 38,314.86 - its biggest decline since June 2020. The index had declined 1,679 points on Thursday. The S&P 500 dived 5.97% to 5,074.08.
The Dow Jones crashed over 2000 points on Friday (Getty Images via AFP)
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The Dow Jones drop isn't the biggest one the 30-company index has seen since 1896, when it started (percentage-wise). The largest drop was on October 19, 1987 - also known as the ‘Black Monday’.
Largest Single-Day Point Drops in Dow Jones History
March 16, 2020 (COVID-19 crash): -2,997.10 points (-12.93%)
March 12, 2020 (COVID-19 crash): -2,352.60 points (-9.99%)
March 9, 2020 (COVID-19 crash): -2,013.76 points (-7.79%)
April 3, 2025 (Trump Tariffs): -1,679.41 points (-3.86%)
February 5, 2018: -1,175.21 points (-4.60%)
February 27, 2020: -1,190.95 points (-4.42%)
February 8, 2018: -1,032.89 points (-4.15%)
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February 24, 2020:-1,031.61 points (-3.56%)
October 10, 2018: -831.83 points (-3.15%)
September 29, 2008: -777.68 points (-7.00%)
The Nasdaq Composite dropped 5.8%, to 15,587.79, on Friday. This follows a nearly 6% drop on Thursday and takes the index down by 22% from its December record. Apple shares slumped 7%, and Tesla fell 10%.
Yash Bajaj is a Chief Content Producer with a strong foundation in US coverage, digital strategy, and audience-focused storytelling. As part of the US Desk at Hindustan Times, he covers a wide range of topics - from American politics to sports (NFL, NBA, derbies, MLB and more). Before joining Hindustan Times, Yash served as Deputy News Editor at Times Now, where he oversaw international coverage and led a team of six. In this role, he significantly expanded global traffic through strategic planning, SEO-driven content execution, and meticulous trend tracking across platforms. He is experienced in managing high-pressure breaking-news shifts, coordinating live coverage, and building newsroom systems that improve speed, accuracy, and reach. Prior to Times Now, Yash held a position at Opoyi, where he headed the Sports and US news team. He developed broad editorial strategies, guided reporters across multiple beats, and played a key role in recruiting and training new talent. His responsibilities also extended to social media management and experimenting with innovative content formats. A passionate NFL fan, Yash is a die-hard supporter of the Cincinnati Bengals and has followed Joe Burrow closely since his college days at LSU. Whether breaking down top players' latest performance, analyzing team performances, or tracking roster moves, he brings the same dedication and sharp storytelling to his sports coverage as he does to American politics and breaking news. When he’s not writing, Yash can often be found watching games or debating the latest NFL storylines with fellow fans. Yash holds a Bachelor of Mass Media (Journalism) from HR College, Mumbai University. His interests extend well beyond the newsroom: he is an enthusiastic explorer of AI tools, a movie buff with an ever-growing watchlist, and someone who enjoys unraveling conspiracy theories for fun.
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
Home/World News/Us News/Dow sinks 2000 points on Friday - List of biggest crashes in US history
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