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22 nov 2013 · The Fed’s Response. 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.
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 stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion.
- October 19, 1987
31 ott 2021 · Black Monday refers to the catastrophic worldwide stock market crash on Oct. 19, 1987, when the DJIA fell 508 points, or 22.6%, in a single day. It remains the largest one-day decline ever.
30 apr 2023 · 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 gave up...
9 apr 2024 · There have been several Black Mondays in history that are connected to stock market collapses, but what is arguably the worst of them arrived in 1987. October 19 was the day when global stock markets went into collective meltdown, destroying nearly half the world’s paper wealth.
19 ott 2017 · Remembering the worst day in stock market history. It was a day so terrible, it will forever be known as Black Monday. On October 19, 1987, the stock market collapsed. The Dow plunged an...
19 ott 2017 · On Oct. 19, 1987, Wall Street had its single worst trading day ever. Even after three decades, Black Monday still marks the biggest one-day crash, and its impact continues to reverberate.
