What nickname describes the sharp global stock-market sell-off on March 9, 2020?
Answer
Black Monday
Answer
Black Monday
The sharp global stock-market sell-off on March 9, 2020, is commonly called Black Monday. Major indexes plunged as investors reacted to the rapid spread of COVID-19, an oil-price dispute, and fears of a global recession.
The Dow Jones Industrial Average fell 2,013.76 points, or 7.79 percent, its largest one-day point drop at that time. Trading was halted in the United States after the S&P 500 fell 7 percent, activating a circuit breaker designed to slow panic selling.
The term Black Monday can also refer to the 1987 crash, so the year is essential when identifying this event. In March 2020, Black Monday was one of several extreme sessions; U.S. markets also experienced major declines on March 12 and March 16.
Source: Wikipedia · fact-checked Oct. 2026