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Black Monday |
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Black MondayRefers to October 19, 1987, when the Dow Jones Industrial Average fell 508 points on the heels of sharp drops the previous week. On Monday, October 27, 1997, the Dow dropped 554 points. While the point drop set a new record, the percentage decline was substantially less than in 1987.Black MondayMonday 19th October 1987 when stock market values around the world fell heavily triggered by a large fall in the Dow Jones Industrial Average in the USA. |
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