Stock Swings

Since 1896, the Dow has fallen by 2% or more in a day 1,011 times, or an average of once every 33 trading days, or an average of 7.6 times a year. That means that with the Dow now at almost 26,000, a price swing of over 500 points can be expected to happen, on average, once every seven weeks. Equity prices can swing substantially but they are not unusual.