Black Monday October 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 Monday one of the most notorious days in recent financial history. By the end of the month, most of the major exchanges had dropped more than 20%. Breaking It Down: Interestingly enough, the cause of the massive drop cannot be attributed to any single news event because no major... Related to "Black Monday" | The Greatest Market Crashes In the hope of helping you avoid encasing your life savings in the next bubble or contributing to the next crash... | |
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