The sell-off wiped out the Dow and S P 500 gains for the year, and left the Nasdaq barely in positive territory for 2018. But it was nowhere close to the destruction on Black Monday in 1987 or the financial crisis of 2008. An estimate of the percentage of time spent in congestion on weekdays at noon. Learn More, blog 02/05/18, congestion: Is it a one-way street? Friday's jobs report showed that wages grew at the fastest pace since 2009. No matter the cause, the stock market was long overdue to take a breather. Both appear in the Top 10 of SplashDatas list, with football climbing three spots to number seven and baseball dropping two spots to number. The 2017 inrix Traffic Scorecard ranks 200 major cities of the world by the Peak Hours Spent in Congestion.
The VIX volatility index, a measure of market turbulence, skyrocketed a record 116 on Monday to the highest level since August 24, 2015, the last time the Dow plunged 1,000 points in a day. Click here to download as a pdf. Will it make a difference? Driving Time Spent in Congestion, this is the percentage of driving time that is spent in congestion, which means that road speeds are less than 65 of free flow speeds. "The stock market is throwing a tantrum said Andres Garcia-Amaya, CEO of wealth management firm Zoe Financial. The question is whether the market retreat deepens or whether investors buy at the dip, a mentality that has supported stocks for months.
The drop amounted.6 - the biggest decline since. Related: Market mayhem puts Trump in a tough spot.