What Exactly Happened on Black Monday in 1987? Is the Stock Market Going To Crash Tomorrow?
Black Monday, on October 19, 1987, remains the largest single-day stock market decline in US history, with the Dow Jones falling 22.6%. The crash was driven by economic concerns and automated selling programs. While investors continue to compare modern market volatility to Black Monday, experts say predicting a similar crash is impossible, though the lessons remain relevant today.