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Personal Finance and Investing

IrishBubbaLiberal

(1,289 posts)

4. Black Monday 1987

Reply to question everything (Original post)

Thu Apr 3, 2025, 09:31 PM

Apr 3

https://en.wikipedia.org/wiki/Black_Monday_(1987)

On that Monday, the DJIA fell 508 points (22.6 percent), accompanied by crashes in the futures exchanges and options markets,[17] the largest one-day percentage drop in the history of the DJIA.[18] The DJIA fell from 2,246.74 at the open to 1,738.74 at the close.[19]

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Percentage wise, is this the largest drop in many years? [View all] question everything Apr 3 OP

No. . . . nt Bernardo de La Paz Apr 3 #1

No, that was in 2020. But the 7 largest daily drops, including today's, have sinkingfeeling Apr 3 #2

Since 2020. iemanja Apr 3 #3

Black Monday 1987 IrishBubbaLiberal Apr 3 #4

Copied from a Wiz Imp post: Here's the top 10 percentages from the S&P 500 Bernardo de La Paz Apr 4 #5

Thank you. I remember 1987 "Black October. ". I immediately called my broker to buy question everything Apr 4 #7

We're all in the Krasnov Fund now! bucolic_frolic Apr 4 #6

It's not over. Time will tell. littlemissmartypants Apr 4 #8