A year ago the stock market was at a healthy 14,164.53. Today the story is much different. The DOW is down about 40% from its high a year ago. That is a lot of value lost in this terrible bear market.
Today was another down day. The DOW fell over 650 points and the Nasdaq fell over 95 points. It went under 9,000 and just kept falling.
Dow: 8,579.19 -678.91 (-7.33%)
Nasdaq: 1,645.12 -95.21 (-5.47%)
S&P 500: 909.92 -75.02 (-7.62%)
GM was one of the big losers today. GM shares were down over 30% on the day.
This graphic from Marketwatch tells the story of the huge difference for investors between today and one year ago.
