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Black Monday: 1987 Crash Overview by Anushka is a document available to read on EtoBox.

What is Black Monday: 1987 Crash Overview about?

Black Monday occurred on October 19, 1987, when the Dow Jones Industrial Average lost nearly 22% in a single day, marking one of the most notorious stock market crashes in history. The crash was caused by a combination of factors, including a bull market that was overdue for a correction, the increased use of computerized program trading, and the practice of portfolio insurance that triggered selling off of stocks. In the aftermath, reforms were implemented like circuit breakers to temporarily halt trading

Author

Anushka

Language

EN