In August 1987, every major US index hit record highs ... But a popular explanation is that Black Monday is the first instance of computer trading gone wrong. At the time, a fledgling computer ...
In August 1987, every major US index hit record highs ... But a popular explanation is that Black Monday is the first instance of computer trading gone wrong. At the time, a fledgling computer ...
Fed statement (October 20, 1987) The 1980s were a time of massive ... This happened on Friday, October 16th, just before the Black Monday crash. Growing market unease had caused the selloff ...
19, 1987, amid fears of a slowing economy ... Here's a replica of our front page the day after Black Monday and a sampling of what we wrote: ...
Thirty years ago, the Dow Jones Industrial Average plunged by 22.6% - a gut-wrenching 508 points - to 1,738.74 on what is now referred to as Black Monday. It was by far the largest one-day ...
Bob, as you know, today is unthinkably 35 years since Black Monday, the crash here in 1987. You've been in this business for a minute and I do want to tap into that knowledge that you've had over ...
Its worst single-day rout was a plunge of 3,836 points, or 14.9 per cent, on a day dubbed “Black Monday” in October 1987. At one point, the benchmark sank as much as 13.4 per cent on Monday.
The Nikkei’s rally, after the market’s biggest single day rout since the 1987 Black Monday sell-off, came as the yen reversed its gains, indicating the carnage in yen-funded global carry ...
The 12.4% loss on the Nikkei was the worst day for the index since the "Black Monday" of 1987. The Nikkei erased all its gains this year, moving into a loss position. The yen also strengthened to ...