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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]
Oct 19, 2017 · Thirty years ago this week, the Dow Jones suffered its biggest one day percentage loss ever — almost 23 percent of its value in just six and a half hours. On Black Monday, Kenneth Polcari,...
Oct 19, 2017 · When Wall Street reopened, it too suffered another sharp decline, with the Dow Jones Industrial Average falling by 22% in a single session. What caused Black Monday remains a matter of debate ...
Nov 22, 2013 · The first contemporary global financial crisis unfolded in the autumn of 1987 on a day known infamously as “Black Monday.” 1 A chain reaction of market distress sent global stock exchanges plummeting in a matter of hours.
May 31, 2013 · On Monday, October 19, 1987, stock markets in the US and the UK experienced their biggest crash on record in what came to be termed Black Monday. The devastation started the previous Thursday night when a hurricane tore through southern England, bringing havoc to the country's road, rail and communication systems and preventing thousands of ...
Jul 31, 2024 · Black Monday refers to the stock market crash that occurred on October 19, 1987, when the DJIA lost 22.6% in a single day, triggering a global stock market decline.
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Oct 19, 2017 · On Black Monday 30 years ago investors were stunned by a global stock markets crash. What's its legacy?
