What qualifies as a stock market ‘plunge’?

I recently heard a financial reporter refer to a 100-point drop in the Dow Jones Industrial Average as “a 100-point plunge,” which made me laugh.
But then I thought, “What if the average investors were thinking the same thing, especially those older clients who were invested in the markets when 100 points was indeed a ‘plummet’ or plunge?” So, I decided to make some 2018 sense out of effect of market point movement to better put those into perspective.
To do that, and as a reference comparison, I think we (Read more...)

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