Black Monday Revisited: Three Traders Relive The 1987 Stock Market Crash 25 Years Later

On Monday October 19, 1987 stock markets worldwide crashed, beginning in Hong Kong, then spreading to Europe, and finally hitting the United States. Wall Street suffered its greatest loss ever in a single day on what is referred to as Black Monday, as the Dow Jones Industrial Average (DJIA) plummeted 508 points, while the S&P 500 dropped 20 percent and the Nasdaq lost 11 percent.