- published: 31 Mar 2011
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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) fell exactly 508 points to 1,738.74 (22.61%). In Australia and New Zealand, the 1987 crash is also referred to as "Black Tuesday" because of the time zone difference.
The terms Black Monday and Black Tuesday are also respectively applied to October 28 and October 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929.
In late 1985 and early 1986, the United States economy began shifting from a rapidly growing recovery from the early 1980s recession to a slower growing expansion, which resulted in a brief "soft landing" period as the economy slowed and inflation dropped. The stock market advanced significantly, with the Dow peaking in August 1987 at 2,722 points, or 44% over the previous year's closing of 1,895 points. Further financial uncertainty may have resulted from the collapse of OPEC in early 1986, which led to crude oil price decreasing by more than 50% by mid-1986.
October 19 is the 292nd day of the year (293rd in leap years) in the Gregorian calendar. There are 73 days remaining until the end of the year.
Black Monday is a term used to refer to certain Mondays when undesirable or turbulent events have occurred. It has been used in the following cases:
A stock market or equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares); these may include securities listed on a stock exchange as well as those only traded privately.
Stocks can be categorized in various ways. One common way is by the country where the company is domiciled. For example, Nestlé and Novartis are domiciled in Switzerland, so they may be considered as part of the Swiss stock market, although their stock may also be traded at exchanges in other countries.
At the close of 2012, the size of the world stock market (total market capitalisation) was about US$55 trillion. By country, the largest market was the United States (about 34%), followed by Japan (about 6%) and the United Kingdom (about 6%). This went up more in 2013.
A stock exchange is a place or organization by which stock traders (people and companies) can trade stocks. Companies may want to get their stock listed on a stock exchange. Other stocks may be traded "over the counter", that is, through a dealer. A large company will usually have its stock listed on many exchanges across the world.
Nightly Business Report (NBR) is a business news television magazine broadcast weeknights on public television stations in the United States.
In February 2013, CNBC purchased the show and closed the Miami news operations. Tyler Mathisen joined Susie Gharib as co-host when the show relaunched on March 4, 2013. From January 22, 1979 to March 1, 2013, the show was produced at WPBT in Miami, Florida. Gharib left the show in late December 31, 2014 and was replaced in January 1, 2015 by Sue Herera, who was previously Mathisen's co-anchor on CNBC's Power Lunch.
The daily program consists of reports on the changes in the stock market, indices, and stocks of note for the day, including the Dow Jones Industrial Average, NASDAQ, the S&P 500, and other major markets, as well as interviews with important business persons, generally CEOs of major companies as well as economists, market analysts and policy makers.
Programs on market holidays depart from this format, and often deal with a single subject or theme; New Year's Day and Independence Day editions tend to focus on retrospectives and predictions for the past and coming fiscal periods. The program often concludes with a commentary. Segments within the program include Market Monitor, Street Critique, Women in Leadership, and Planet Forward to name a few. There was a 15-minute morning version of NBR called Morning Business Report during the mid-1990s.
Crash of 1987- Live news reports of Stock Market Crash
Black Monday - Part 1 - Nightly Business Report Oct.19, 1987
Black Monday - Part 2 - Nightly Business Report Oct.19, 1987
Black Monday - Part 3 - Nightly Business Report Oct.19, 1987
FNN Market Wrap - 10/19/1987
Black Monday October 19, 1987
October 19, 1987 News Report
President Reagan on the Stock Market: Black Monday - World Market Crash, Finance (1987)
Upside Downside - Michael Brecker band live at hambrug on October 19,1987
What Caused the October 1987 Stock Market Decline? (1988)
CNN coverage of the Stock Market crash of October 19,1987.
First 10 minutes of the Nightly Business Report episode from Black Monday, October 19, 1987. The Dow Jones Average dropped by more than 22% that day to close at 1,738 with volume double the previous record (set the preceding Friday). Just two months earlier the average had peaked at 2,722, a level it would not see again for two years and would revisit for the final time in early 1991.
Second 10 minutes of the Nightly Business Report episode from Black Monday, October 19, 1987. The Dow Jones Average dropped by more than 22% that day to close at 1,738 with volume double the previous record (set the preceding Friday). Just two months earlier the average had peaked at 2,722, a level it would not see again for two years and would revisit for the final time in early 1991.
Final 10 minutes of the Nightly Business Report episode from Black Monday, October 19, 1987. The Dow Jones Average dropped by more than 22% that day to close at 1,738 with volume double the previous record (set the preceding Friday). Just two months earlier the average had peaked at 2,722, a level it would not see again for two years and would revisit for the final time in early 1991.
On October 19, 1987, the Dow Jones dropped 508 points, or almost 22% in a single day. That was Black Monday. At that point, Black Monday represented the Dow’s biggest single-day drop. Before the month ended, however, most major exchanges had fallen by more than 20%.
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%).[1] In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929. Possible causes for the decline included program trading, overvaluation, illiquidity, and market psychology. A popu...
michael brecker band on October 19,1987 live at Hambrug, Micehael Brecker :ts, Mike Stern : g,Jeff Andrews :b,Joey Calderazzo : Key, Adam Calderazzo : dr
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%). In Australia and New Zealand the 1987 crash is also referred to as Black Tuesday because of the timezone difference. The terms Black Monday and Black Tuesday are also applied to October 28 and 29, 1929, which occurred after Black Thursday on October 24, which started the Stock Market Crash of 1929. In 1986, the United States economy began shifting from a rapidly growing recovery to a slower growing expansion, whic...
Print Date: October 19, 1987 and October 21, 1987
On October 19, 1987, the Dow Jones dropped 508 points, or almost 22% in a single day. That was Black Monday. At that point, Black Monday represented the Dow’s biggest single-day drop. Before the month ended, however, most major exchanges had fallen by more than 20%.
The PBS Nightly Business Report from October 19, 1987. Includes Neil Cavuto reporting.
There are some eery similarities between this week and the week preceding the October 19, 1987 crash. Pay attention kids. Short TSLA, VRX, and go long VIX. We did.
U2 - Rattle And Hum Outtakes Disc4-1 Long Island, October 19, 1987 Repeated Footage File from: U2start.com Enjoy U2 fun life!
U2 - Rattle And Hum Outtakes Disc2-2 Long Island, October 19, 1987 Bono, Edge, And Daniel Lanois Rehearsing on the beach File from: U2start.com Enjoy U2 fun life!
1987 Crash - Could technical analysis have helped reduce risk BEFORE the Black Monday stock crash? October 19, 1987 is known as Black Monday. Video looks at stocks before, during, and after the stock market crash.
What Caused the October 1987 Stock Market Decline? (1988) In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the ... Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. 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. What Happens When the Stock Market Crashes? Effects, Economy, History (1988) In finance, Black Monday refers to Monday, October 19, 1987, when stock ... The mathematical characterisation of stock market movements has been a subject of intense interest. The conventional assumption has been th What Caused the October 1987 Stock Market Declin...
©1987 - Cable News Network, Turner Broadcasting Inc, National Broadcasting Company
TV Patrol October 19, 2016 Video It can be heard simultaneously in DZMM and its TV counterpart, DZMM TeleRadyo. TV Patrol celebrates their 20th anniversary since its inception in 1987 (as TV Patrol), it has been the longest running Filipino primetime newscast. Stay up-to-date with the latest news and current events in the Philippines with ABS-CBN’s flagship news broadcasting program, TV Patrol.
TV Patrol October 19 2016 ► Subscriber Channel: https://goo.gl/bTYN2C ► Video It can be heard simultaneously in DZMM and its TV counterpart, DZMM TeleRadyo. TV Patrol celebrates their 20th anniversary since its inception in 1987 (as TV Patrol), it has been the longest running Filipino primetime newscast. Stay up-to-date with the latest news and current events in the Philippines with ABS-CBN’s flagship news broadcasting program, TV Patrol. ► TV Patrol is the flagship national network news broadcast of ABS-CBN in the Philippines. It can be heard simultaneously on radio through DZMM Radyo Patrol 630 and its cable channel counterpart DZMM TeleRadyo and its provincial radio stations, with several MOR stations nationwide. It is also broadcast overseas via ABS-CBN's international brand, The Fi...
Balitanghali October 19 2016 Video It can be heard simultaneously in DZMM and its TV counterpart, DZMM TeleRadyo. TV Patrol celebrates their 20th anniversary since its inception in 1987 (as TV Patrol), it has been the longest running Filipino primetime newscast. Stay up-to-date with the latest news and current events in the Philippines with ABS-CBN’s flagship news broadcasting program, TV Patrol.
When Stock Markets Around the World Crashed: Alan Greenspan on Black Monday, October 1987 (1988) Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He current 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 cra. Alan Greenspan (born March 6, 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 cra When Stock Markets Around the World Crashed: Alan Greenspan on Black Monday, October 1987 (1988) When Stock Markets Around the World Crashed: Alan Greenspan on Black Monday, October 1987 (1988...
Description. Rockline phone-in radio broadcast hosted by Bob Coburn dated 19 October 1987. Includes Q&A; with Jon Anderson, Tony Kaye, Trevor Rabin, Chris Squire & Alan White.
The whisper stream ran through the town for days.
The backwoods insecurities had laid him six feet below
Where the snow now covers the roses.
They were afraid of where his eyes might find their fix as well as their own.
They thought that they knew him but they didn't even know themselves.
The whisper stream flowed across this country.
The headlines printed the words of self defense.
Did he deserve to die?
Do they deserve to live?