What was the date of the 1987 Black Monday crash in the United States?
Answer
October 19, 1987
The 1987 Black Monday crash in the United States occurred on October 19, 1987.
The Dow Jones Industrial Average plunged 508 points that day, a fall of 22.6%. The event was part of a worldwide market collapse: stock exchanges in several countries also recorded exceptionally large losses around the same period.
The crash did not result from one universally accepted trigger. Concerns about interest rates, the dollar, international trade, and elevated share prices combined with market structures that could accelerate selling. Computerized portfolio insurance was especially controversial after the collapse.
Black Monday is sometimes confused with Black Tuesday, October 29, 1929, one of the most famous sessions of the earlier Wall Street crash. The two events were separated by nearly six decades. The 1987 date remains a standard reference point in discussions of market volatility and trading halts.