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Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was the global, severe and largely unexpected [1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [ 2 ]
Black Monday refers to specific Mondays when undesirable or turbulent events have occurred. It has been used to designate massacres, military battles, and stock market crashes. It has been used to designate massacres, military battles, and stock market crashes.
Black Monday is an American historical dark comedy television series created by Jordan Cahan and David Caspe that premiered on January 20, 2019, on Showtime.The series stars Don Cheadle, Andrew Rannells, Regina Hall, Casey Wilson, and Paul Scheer, and follows the employees of second-tier Wall Street trading firm the Jammer Group during the year leading up to "Black Monday", the day when ...
The Getaway: Black Monday is a 2004 action-adventure video game developed by London Studio and published by Sony Computer Entertainment for the PlayStation 2. It is a sequel to 2002's The Getaway . The Getaway: Black Monday is set in London, with new characters. [ 1 ]
The crash on October 19, 1987, Black Monday, was the climactic culmination of a market decline that had begun five days before on October 14. The DJIA fell 3.81% on October 14, followed by another 4.60% drop on Friday, October 16. On Black Monday, the DJIA plummeted 508 points, losing 22.6% of its value in one day.
On October 28, "Black Monday", [17] more investors facing margin calls decided to get out of the market, and the slide continued with a record loss in the Dow for the day of 38.33 points, or 12.82%. [18] On October 29, 1929, "Black Tuesday" hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day ...
1987 Black Monday – One of Jones' earliest and major successes was predicting Black Monday in 1987, tripling his money during the event due to large short positions. [ 17 ] In 1987, betting on a crash in the United States stock market Jones' Tudor' returned 125.9 percent after fees, earning an estimated $100 million.
In finance and investing, Black Monday 2011 refers to August 8, 2011, when US and global stock markets crashed [1] following the Friday night credit rating downgrade by Standard and Poor's of the United States sovereign debt from AAA, or "risk free", to AA+. [2] It was the first time in history the United States was downgraded. [3]