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Oct 31, 2021 · Black Monday refers to Oct. 19, 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning of a global stock market decline, making Black ...
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] The severity of the crash sparked fears of extended economic instability [3] or even a ...
- October 19, 1987
Nov 22, 2013 · Endnotes. 1 Black Monday is the name commonly given to October 19, 1987. The term should not be confused with other historical events bearing the same nickname. 2 The Dow Jones Industrial Average is a closely watched stock price index computed by Dow Jones & Co. Founded in 1882, the benchmark index consists of twenty transportation stocks, fifteen utility stocks, and thirty selected industrial ...
Apr 9, 2024 · Despite the ravages of Black Monday, the Dow Jones ended 1987 with a small increase. On January 2, 1987, it stood at 1,897 points and rose to 1,939 by December 31, 1987. In between, however, it had reached a dizzying 2,722-point peak in late August—a figure not attained again until 1989. Fid Backhouse and others.
Apr 30, 2023 · Key Takeaways. In the "Black Monday" stock market crash of Oct. 19, 1987, U.S. markets fell more than 20% in a single day. Black Monday was preceded by a bearish week in which the headline indexes ...
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Black Monday: Created by Jordan Cahan, David Caspe. With Don Cheadle, Andrew Rannells, Paul Scheer, Regina Hall. A group of outsiders takes on the 1980s old-boys club of Wall Street.
