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39 YEARS AGO TODAY, THE DOW FELL 22.6% IN A SINGLE DAY Black Monday, Oct. 19, 1987 The Dow Jones fell 508 points, closing at 1,738.74. It's still the worst one-day percentage drop in the index's history. Traders worked through lunch trying to keep up with record volume. "It looks like a madhouse," one told CBS News. A 22.6% drop today would wipe out roughly 11,750 points. The crash is the reason the market has circuit breakers today. And investors who held on were rewarded. The Dow was back above its pre-crash level within about two years, and it closed at 52,002 on Friday, roughly 30 times its Black Monday close.
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39 days til Black Friday BUT WHO’S COUNTING?
"39 years ago today we woke up to the origins of what would forever be known as Black Monday, where the Dow fell -22.6% on the day. It’s rare the anniversary falls on a Monday so it’s a more memorable one today" - DB's Jim Reid
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39' | Sheridan crosses it in, but Duncan with safe hands, guides it down to safety. Phoenix 1 - 1 Victory | #WELvMVC#
39 - With her goal on Tuesday, Mallory Swanson has scored 39 times for the #USWNT#, equaling Lindsey Heaps for the most goals by an active player since she made her national team debut in January 2016. Equalizer.
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39 years ago today, Whitney Houston released ‘So Emotional.’
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39% of Americans canceled at least one streaming subscription in the past six months, per Ipsos, that's up from 29% in March.
39 BLACK TEEN GIRLS REPORTED MISSING IN NEW YORK🙏🏾🙏🏾🙏🏾🙏🏾
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39-year-old killed with single shot to the head outside NYC home
39 MOVIES 🔞📷 A Thread. 🧵👇