
Black Monday is a term used to refer to certain events which occurred or occur on a Monday. It has been used in the following cases: ==Historic events== ==Recurring events== ...
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[1894] The Newfoundland Bank Crash of 1894, known as Black Monday, was one of the turning points in Newfoundland`s early history. The financial woes of the former British colony were worsened when two of the commercial banks of Newfoundland, the Union Bank of Newfoundland (established in 1854) and the Commercial Bank of Newfoundland (establ...
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[1987] In finance, Black Monday refers to Monday, October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The Dow Jones Industrial Average (DJI...
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[2011] In finance and investing, Black Monday 2011 refers to August 8, 2011, when US and global stock markets crashed following the Friday night credit rating downgrade by Standard and Poor`s of the United States sovereign debt from AAA, or `risk free`, to AA+. It was the first time in history the United States was downgraded. Moody`s issue...
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• The first Monday after the holidays; -- so called by English schoolboys. • Easter Monday, so called from the severity of that day in 1360, which was so unusual that many of Edward III.`s soldiers, then before Paris, died from the cold.
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There are two Black Mondays in stock market history. On Monday 28 October, 1929, The New York Stock Exchange fell by 13% as more than 9.25 million shares were traded. It was the trigger for Black Tuesday and the Great Crash, which heralded the start of the Great Depression. On Monday 19 October, 1987, the Dow Jones Industrial Average crashed by mor...
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(from the article `stock market crash of 1929`) The panic began again on Black Monday (October 28), with the market closing down 12.8 percent. On Black Tuesday (October 29) more than 16 million ...
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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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Worldwide stockmarket crash that began 19 October 1987, prompted by the announcement of worse-than-expected US trade figures and the response by US Secretary of the Treasury, James Baker, who...
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Refers to October 19, 1987, when the Dow Jones Industrial Average fell 508 points on the heels of sh
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Black' Mon`day 1. Easter Monday, so called from the severity of that day in 1360, which was so unusual that many of Edward III.'s soldiers, then before Paris, died from the cold.
Stow. « Then it was not for nothing that my nose fell a bleeding on
Black Monday last.
Shak. »
2. ...
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Monday 19th October 1987 when stock market values around the world fell heavily triggered by a large... <a target=_blank href='http://www.finance-glossary.com/terms/Black-Monday.htm?id=158&ginPtrCode=00000&PopupMode=false' title='Read full definition of Black Monday'>more</a>
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There have been many dates dubbed 'Black Monday', but the first was Easter Monday, 14th April 1360, 'so full dark of mist and hail, and so bitter cold that many men died on their horsebacks with the cold.' The day on which a number of English were slaughtered at a village near Dublin in 1209. The day of panic in 1745 when the Scottish rebels were r...
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Worldwide stock market crash that began on 19 October 1987, prompted by the announcement of worse-than-expected US trade figures and the response by US Secretary of the Treasury, James Baker, who indicated that the sliding dollar needed to decline further. This caused a world panic as fears of the likely impact of a US recession were voiced...
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