--DAY 93-- Tomorrow, October 19th is same day known as Black Monday back in 1987. On that day, the Dow Jones Industrial Average (DJIA) fell by 508 points, dropping 22.6% in a single session—the largest one-day percentage decline in U.S. stock market history. The massive sell-off erased over $500 billion in U.S. market value and roughly $1.7 trillion worldwide. The crash was driven by a mix of escalating trade and budget deficits, monetary policy tensions, computerized program trading, and portfolio insurance feedback loops.
Chad SteingraberShare
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