Search results
Results from the WOW.Com Content Network
The crash of the New Zealand stock market was notably long and deep, continuing its decline for an extended period after other global markets had recovered. [71] Unlike other nations, moreover, for New Zealand the effects of the October 1987 crash spilled over into its real economy, contributing to a prolonged recession. [72]
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: 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 ...
Black Monday: Oct. 19, 1987. The 1987 stock market crash, or Black Monday, is known for being the largest single-day percentage decline in U.S. stock market history. On Oct. 19, the Dow fell 22.6 ...
The 1987 stock market crash occurred on 19 October 1987. [5] At the time of his death Zweig was the chairman of Zweig-DiMenna Associates, Inc. He is also featured in John Reese's recent book, The Guru Investor: How to Beat the Market Using History's Best Investment Strategies.
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.
Black Monday, the stock market crash that occurred on October 19, 1987, was the largest one-day percentage drop in the Dow Jones Industrial Average in history. The Dow fell by 508 points on the ...
John Joseph Phelan Jr. (May 7, 1931 – August 4, 2012) was an American financier who served as president and later chairman and chief executive of the New York Stock Exchange, where he introduced computerized trading technology. Phelan's leadership tenure at the NYSE included the 1987 stock market crash, during which he declined to halt ...
As the stock market continues to sell off, Investopedia shared an inside look at how investors are reacting. Caleb Silver, Investopedia Editor-in-Chief joins Yahoo Finance's On The Move to discuss.