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Last week's big losers. ExxonMobil was the biggest Dow loser two weeks ago, after shedding 1.97% of its value. This week the oil and gas company rose 1.01%, while fellow Dow energy play Chevron (NYSE:CVX) was the index's second biggest decliner, losing 2.68%.
By the time the market closed on Monday, August 24th, the Dow Jones Industrial had shed 588.47 points, making it the 8th largest one-day drop. Chart by Stacy Jones The largest single-day point decline for the Dow remains September 29, 2008, when the index fell nearly 778 points, or almost 7%, at the offset of the financial crisis on a day when Congress rejected an early bank bailout plan.