On October 19, 1987, the DOW famously lost 22.6% of its value, earning it the name "Black Monday". What's often forgotten is that the DOW closed 1987 up 2%, wiping out the entire loss. Lesson: don't panic!
Black Monday
On October 19, 1987, the DOW famously lost 22.6% of its value, earning it the name "Black Monday". What's often forgotten is that the DOW closed 1987 up 2%, wiping out the entire loss. Lesson: don't panic!