https://en.wikipedia.org/wiki/List_of_largest_daily_changes_...
Date % Change
2020-10-28 −3.53
2020-09-03 −3.5
2020-06-11 −5.89
2020-03-20 −4.34
2020-03-18 −5.18
2020-03-16 −11.98
2020-03-12 −9.51
2020-03-11 −4.89
2020-03-09 −7.60
2020-03-05 −3.39
2020-02-27 −4.42
2020-02-25 −3.03
2020-02-24 −3.35
The big dip from last year came and went. These 2% movements don't even hold a candle to what happened last year.
Maybe if you're a new investor who started investing this year, it'd be scary. But frankly, the stock market has been incredibly scary for 5 years now, at least. Flash crashes, COVID19, VIX going crazy, weird hedge funds disappearing overnight (Archegos Capital), etc. etc.
At no time was the story the "stock market". The story was Archegos capital, or COVID19 spreading around the world, or... whatever.
Whether or not that's newsworthy depends, I suppose. In the USA, mass murders seem to be more common than major market corrections, but I wouldn't want to say that they're not newsworthy simply because they happen a lot.
"The Nasdaq Composite (.IXIC) was down 396.26 points, or 2.63%, at 14,647.71, set for its worst day since May 12."
But by my measurement, no, 2% is a really bad day. The 2% isn't the news anyway, it's the "why" that's the news, and that is left as an exercise for the reader.