Memories of Black Monday: Traders at the New York Stock Exchange recall the disastrous day on Wall Street on October 19 1987, when US shares fell more than 20 per cent. Read more at: http://on.ft.com/2gQp0ZO | Financial Times
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Memories of Black Monday: Traders at the New York Stock Exchange recall the disastrous day on Wall Street on October 19 1987, when US shares fell more than 20 per cent. Read more at: http://on.ft.com/2gQp0ZO | Financial Times
99.9K viewsOct 19, 2017
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Business | Investing | Finance on Instagram: "Black Monday, October 19, 1987, marked one of the most stunning market crashes in history. The Dow Jones Industrial Average plunged nearly 22% in a single trading session, the worst percentage loss ever. Computer-driven trading, sky-high valuations, and a wave of panic selling all converged, erasing billions in global market value within mere hours. If you want it more dramatic, simpler, or more academic, I can adjust! Like this content? Follow us @s
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