dow dropped 508 points on black monday.
dow dropped 508 points on black monday.
how much did dow drop on black monday?
508 points
black monday (1987)









































black monday was an event that took place on monday, october 19, 1987 when stock markets around the world crashed. the crash began in hong kong and spread west to europe, hitting the united states after other markets had already sustained significant declines. 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.
black monday (1987)
by market close, the dow jones industrial average lost 634.76 points (-5.55%) to close at 10,809.85, making it the 6th largest drop of the index in history. black monday 2011 followed just one trading day behind the 10th largest drop of the dow jones index, a 512.76 (-4.31%) drop on august 4, 2011.









































section::::u.s. presidential reaction.









































u.s. president barack obama attempted to calm the markets during trading in a speech from the white house, but the dow lost 200 more points within 20 minutes after he concluded.









































section::::u.s. market aftermath.
black monday (2011)