Friday's Sell-off Biggest Ever ($ Value Lost)

Standard & Poor's Dow Jones Indices, which noted that the $2.08T wiped from global equities on Friday was the largest single daily loss ever in terms of dollar value. The amount exceeded both the 1987 Black Monday crash and the $1.94T lost on 29-Sep-08 when Congress voted down the $700B Wall Street bailout. While Friday was a record in terms of dollar value lost, the 4.7% decline still ranked behind the 6.92% sell-off on 15-Oct-08. The figures were calculated from the 47-country S&P Global Broad Market Index (BMI)...