This Day in Business History: The Black Monday Stock Market Crash
October 19, 1987: As a call-back to the October 28, 1929 stock market crash on Black Tuesday, Black Monday refers to the October 19, 1987 stock market crash during which the Dow Jones Industrial Average (DJIA) fell 508 points (22.6% of its value) and the Dow Jones Index lost over $500 billion. The impact of Black Read More …