Black Monday Was Exactly 36 Years Ago, And 1 Market Condition Is Dangerously Similar Today
Thursday marks the 36th anniversary of the worst trading day in the history of Wall Street. On Oct. 19, 1987, the Dow Jones lost 22.6% in one single day, which is now known as "Black Monday." The market lost $500 billion that day and the S&P 500 surpassed 20% in losses. Today, some market…
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