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30 apr 2023 · Monday, Oct. 19, 1987, is remembered as Black Monday. On that day, global stock exchanges plunged, led by the Standard & Poor's (S&P) 500 Index and Dow Jones Industrial Average (DJIA) in the...
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. [2]
- October 19, 1987
9 apr 2024 · Black Monday, global stock market crash that occurred on October 19, 1987. What caused the Black Monday stock market crash? On October 19, 1987, the Dow Jones Industrial Average fell 508 points, about 22.6 percent of its value.
19 ott 2023 · What caused the drop? A number of factors contributed to the crash: Economic growth slowed in the first three quarters of 1987 and inflation was rising. Given the recent stagflation experience from...
22 nov 2013 · What Caused Black Monday. 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.
22 gen 2021 · On October 19, 1987—known as Black Monday —the DJIA fell by 508 points, or by 22.6%. Up to this point in history, this was the largest percentage drop in one day. The crash sparked fears of ...
