Topical Terminology > Black Monday
1 Definition
Black Monday
For Black Monday we have a term and definition in Finance.
Black Monday (Finance) 
Refers to October 19, 1987, when the Dow Jones Industrial Average fell 508 points on the heels of sharp drops the previous week. On Monday, October 27, 1997, the Dow dropped 554 points. While the point drop set a new record, the percentage decline was substantially less than in 1987.
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