BLACK MONDAY: A DAY OF MARKET TURMOIL đ„
October 19, 1987, will forever be etched in history as one of the most dramatic days in global market history
- S&P 500: Plummeted 20.5%
- Dow Jones: Dropped 22.6%
These staggering losses wiped out billions in a matter of hours, leaving markets reeling
This unprecedented crash led to a crucial innovation: circuit breakers âïž emergency measures designed to pause trading during extreme volatility, allowing markets to regroup
The takeaway? Markets are cyclical: they crash, recover, and thrive
Take a deep breath staying calm and informed is key to navigating turbulent times