What was the name of the 1989 U.S. market crash that occurred on Friday, October 13?

The 1989 U.S. market crash on Friday, October 13 was called the Friday the 13th mini-crash.

The Dow Jones Industrial Average fell 190.58 points, or 6.91%, on October 13, 1989. The decline followed the collapse of a proposed leveraged buyout of UAL Corporation, the parent company of United Airlines. Investors also worried about high valuations and the heavy use of debt in corporate acquisitions.

Although the fall was sharp, it was much smaller than the 1987 Black Monday collapse. The event is therefore commonly labeled a “mini-crash,” distinguishing it from the larger market breakdown two years earlier.

The episode is sometimes confused with Black Friday or other named market declines. Its most distinctive identifying details are the date, the failed UAL buyout, and the nearly 7% one-day fall in the Dow. Those details connect the nickname to a specific event rather than to a general Friday market decline.