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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 ]
List of largest daily changes in the S&P 500 Index; List of largest daily changes in the Nasdaq Composite; Stock market crashes in India; List of stock market crashes and bear markets, including: Wall Street Crash of 1929 (October 24–29, 1929) Black Monday (1987) (October 19, 1987) Friday the 13th mini-crash (October 13, 1989) October 27 ...
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 ...
Although now a relatively obscure event in history, it was commemorated by a mustering of the Mayor, Sheriffs and soldiers on the day as a challenge to the native tribes for centuries afterwards. [1] 13 April 1360 – Black Monday (1360), when inclement weather killed men and horses in the army of Edward III during the Hundred Years' War. [2]
Stocks are falling fast on the 25th anniversary of Black Monday, the day the Dow Jones Industrial Average (INDEX: ^DJI) lost 23% in a single session. With 40 minutes left in trading, the Dow is ...
A few other eventful years make the list, such as 1987 — a time in which the Dow suffered its greatest ever one-day loss of 22.6% on October 19, 1987, dubbed "Black Monday." After a 1.87% loss ...
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.
Wall Street looked to follow a global stock rout with Japanese shares at one point exceeding their 1987 "Black Monday" loss, as fears of a U.S. recession sent investors fleeing from risk while ...