The Dow Jones industrial average fell 1,597 points — a 6.26 percent drop — during trading Monday afternoon, marking the biggest one-day point drop in history, according to CNBC.
The Dow was still down 1,175 points at the closing bell after buyers charged back in and limited the damage.
Although the 1,597-point decline on Monday was the largest point drop during trading hours in history, the largest sell-off in percentage terms occurred May 6, 2010, when the Dow plunged 998 points, or more than 9 percent, according to CNBC.
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