Search results
Results from the WOW.Com Content Network
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was a global, severe and largely unexpected [1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [ 2 ]
The Dow on Black Monday 1987 Daily closings, July 1 1987 to Jan 3/4ish 1988, showing the plunge on Black Monday, 1987. See full graph. Licensing.
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.
Oct. 19, 1987 was the day of the largest one day stock market drop in history -- and then-real estate investor Donald Trump claimed to have seen it coming. Oct. 19, 1987 was the day of the largest ...
For premium support please call: 800-290-4726 more ways to reach us
Société Générale’s Albert Edwards said that while some economists are expecting a soft landing his “view is that a recession still lurks.”
Black Monday (1987) (October 19, 1987) Friday the 13th mini-crash (October 13, 1989) October 27, 1997, mini-crash; Economic effects of the September 11 attacks; 2007–2008 financial crisis; 2010 flash crash (May 6, 2010) August 2011 stock markets fall; 2020 stock market crash
Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which ...