October 31, 2016 BY Valentina Kirilova

Wall Street's blackest hours: Black Monday revisited

Lessons From 29 Years of Market History 29 years ago this month the world equity markets experienced a meltdown that became known as Black Monday (or Black Tuesday in Asian time zones). On October 19, the Dow Jones Industrial Average plunged 23%, which happened to be its largest-ever one-day percentage decline. As equity and bond…

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