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19/10/1987 The Dow Jones Industrial Average falls by 22%, 508 points

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. In Australia and New Zealand is it referred as Black Tuesday because of the time zone difference.

Relations

  • Essentials 

  • Black Monday (1987) 

  • Background 

  • Market effects 

  • Causes