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Historical Facts

19 Oct 1987

todayOctober 19, 2022

Background

Stock markets have the largest-ever one-day crash on “Black Monday”
The largest-ever one-day percentage decline in the Dow Jones Industrial Average comes not in 1929 but on October 19, 1987. As a number of unrelated events conspired to tank global markets, the Dow dropped 508 points—22.6 percent—in a panic that foreshadowed larger systemic issues.

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