Black Monday
October 1987 disaster
Black Monday refers to October 19, 1987, when stock markets around the world crashed precipitously—the Dow Jones Industrial Average fell over 22% in a single day.
The term has since been applied to other catastrophic market collapses: Investors still remember Black Monday.
More loosely, any Monday bringing bad news or returning to dreaded routine.
- bear marketProlonged securities decline
- market correctionDecline reversing overvalued prices
- sell-offRapid mass divestiture
- panic sellingFear-driven mass liquidation
- investor panicWidespread fear among shareholders
financial crises · recession · stock market crash · margin calls · Dow Jones · crash · flash crash · 1987 · Wall Street · trading floor · stock · Great Depression · dot-com bubble · junk bonds · circuit breaker · panic · bust · bloodbath
Black Mondaybull market
Period of rising prices
market rally · record high · all-time high · buying frenzy · Roaring Twenties
black, blacken, Black Friday, blackout, blacklist, blackness, Monday, blackest, blacker