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Tag Archives: Indicies

Black Monday 1987: What Happened, Why It Happened, and Why It Still Matters

On 19 October 1987, global financial markets experienced one of the most dramatic and sudden crashes in history — a day now known as Black Monday 1987. In just a few hours, the Dow Jones Industrial Average (DJIA) plunged by over 22%, marking the largest single-day percentage drop ever recorded. The shockwaves of this collapseContinue Reading