NPR

The 30th Anniversary Of Black Monday: A Day That Made Wall Street Quake

On Oct. 19, 1987, Wall Street had its single worst trading day ever. Even after three decades, Black Monday still marks the biggest one-day crash, and its impact continues to reverberate.
A trader at the New York Stock Exchange reacts on Oct. 19, 1987, when the Dow Jones industrial average plunged more than 22 percent ??? the biggest single-day drop in history. / MARIA BASTONE / Getty Images

Hysteria. Panic.

Those were words reporters were using on this day 30 years ago to describe the stock market crash, now remembered as Black Monday.

Oct. 19, 1987, brought the single biggest one-day percentage drop in history — and yes, that includes the 1929 crash

You’re reading a preview, subscribe to read more.

More from NPR

NPR5 min readIndustries
China Makes Cheap Electric Vehicles. Why Can't American Shoppers Buy Them?
American drivers want cheap EVs. Chinese automakers are building them. But you can't buy them in the U.S., thanks to tariffs in the name of U.S. jobs and national security. Two car shoppers weigh in.
NPR5 min read
In 'The Fall Guy,' Stunts Finally Get The Spotlight
For years, Hollywood's behind-the-scenes action heroes have been pushing for an Oscars category to honor their work. Many hope The Fall Guy will make it a reality.
NPR7 min read
Unions Double-down In The Deep South: Can Alabama Pave The Way?
Three high-profile labor disputes have unfolded in central Alabama over the past several years, with Amazon warehouse workers, coal miners and autoworkers all speaking out for change.

Related Books & Audiobooks