From the archives: "Black Monday," the 1987 stock market crash
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YouTubeCBS News
From the archives: "Black Monday," the 1987 stock market crash
ON THIS DAY: Oct. 19, 1987 — The stock market crashed, causing the first contemporary global financial crisis, otherwise known as “Black Monday." A wave of selling that started in Hong Kong slammed U.S. markets and pushed the Dow Jones Industrial index down 22.6%. It marked the sharpest market downturn in the nation since the Great ...
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