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Black Monday
What does it mean?
The most notorious day in financial history (October 19, 1987). The DJIA fell 508 points, almost 22%.
In Other Words...
Since Black Monday, there have been multiple mechanisms built into the market to prevent panic selling such as trading curbs and circuit breakers.
Related Links
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Related Terms
Circuit Breaker | Correction | DJIA | Kondratiev Wave | NYSE | Trading Curb
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