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https://en.wikipedia.org/wiki/Black_Monday_(1987)
In finance, Black Monday refers to Monday, October 19, 1987, when stock
markets around the world crashed. The crash began in Hong Kong and spread
west to Europe, hitting the United States after other markets had already
sustained significant declines. The Dow Jones Industrial Average (DJIA) fell
exactly 508 points to 1,738.74 (22.61%).[1] In Australia and New Zealand,
the 1987 crash is also referred to as "Black Tuesday" because of the time
zone difference.
The terms Black Monday and Black Tuesday are also respectively applied to
October 28 and October 29, 1929, which occurred after Black Thursday on
October 24, which started the Stock Market Crash of 1929. |
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