Randolph Freelander
Member
That's a nice stat, and somewhat surprising, given that market of just a few years ago. Sure enough, the highest drop (in the past 30+ years) at open was 9/25/1986, down 1.88%.
Still, in the height of the panic of 2008, the markets were losing 8 and 9 percent per day at close. Of course, the grand-daddy of them all was Black Monday in 1987 (10/19), where the S&P lost 20.47% in one day (opened flat). At least through the first half-hour of the trading day, today does not appear to be heading in that direction.