Canadian stock market crash of 1987

Posted: eXtrime On: 12.07.2017

It was the largest single day decline in the history of the US stock market—the Dow Jones Industrial Average DJIA lost Despite the massive decline it was short-lived.

In August of the DJIA peak at 2, and drifted a bit lower. Troubles began in mid-October.

What caused Black Monday, the stock market crash of ? | Investopedia

On October 14 the DJIA dropped 3. On October 16 the DJIA fell 4.

The Eastern markets were the first to open on Monday Sunday in the US and experienced massive selling. The selling continued during the London session followed by US session.

canadian stock market crash of 1987

While the selloff shook investors, regulators and economists who tried to make sense of it, currency market sentiment early the DJIA reclaimed its 2, high.

Others blame conflicts that were taking place during this time between Iran and US.

Vantage Point Trading | Stock Market Crash, Definition and History Stock Market Crash, Definition and History - Vantage Point Trading

There were also some pricing differences between trading in New York and Chicago which caused traders to buy in one canadian stock market crash of 1987, and sell in the other.

This coupled with the program trading and portfolios trying to hedge created a financial storm.

These may have contributed to the crash, forex trading s/l there are more complicated reasons which go beyond the scope of a crash definition. See the articles below for more information.

NetFind

Cancel Crash — A tastytrade documentary on theas told by the traders who were there. Black Monday — The Federal Reserve Bank of Chicago provides a detailed view.

Market crash of 1987 Listen carefully

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