Dow Marks One Year Anniversary of Largest Loss

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Tuesday marks a sobering anniversary for the U.S. economy as the Dow suffered the biggest loss of its 113-year history one year ago.

The record 777 point drop forced the government to spend more than a trillion dollars to stabilize the markets.

Some banks have been able to pay back their bailout money and even report profits.

However, the Dow has still not returned to where it was.

Some economists say we're only beginning to see signs of recovery from the worst U.S. economic upheaval since the Great Depression.

"The accumulated moves of the treasury and the Fed over time did play a significant role in stabilizing the financial system," said Barclays Capital's Dean Maki. "The job market is still in the process of losing jobs, but it is losing them at less rapid pace."

Last month, more than 216,000 Americans lost their jobs.

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