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Anyone remember Monday October 19, 1987? Largest percentage single day loss of the DJIA in history [View All]

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-11 10:04 AM
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Anyone remember Monday October 19, 1987? Largest percentage single day loss of the DJIA in history
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http://en.wikipedia.org/wiki/Black_Monday_(1987)

Black Monday

In finance, Black Monday refers to Monday October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1738.74 (22.61%).

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http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average

Largest daily percentage losses

Largest daily percentage losses Rank Date Close Net Change % Change

1 1987-10-19 1,738.74 −508.00 −22.61

2 1929-10-28 260.64 −38.33 −12.82
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