Black Monday (1987)

GPTKB entity
AI-created image of Black Monday (1987)
AI-created image

Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:stock_market_index
gptkbp:affectedIndustry gptkb:Dow_Jones_Industrial_Average
gptkb:NASDAQ
gptkb:S&P_500
gptkb:Nikkei_225
FTSE 100
gptkbp:affects global economy
financial institutions
investors worldwide
gptkbp:alsoKnownAs gptkb:Black_Monday
gptkbp:cause market psychology
overvaluation
portfolio insurance
program trading
gptkbp:consequence global market volatility
introduction of circuit breakers
regulatory changes
gptkbp:date 1987-10-19
gptkbp:followedBy market recovery in 1987-1989
https://www.w3.org/2000/01/rdf-schema#label Black Monday (1987)
gptkbp:largestSingleDayDrop gptkb:Dow_Jones_Industrial_Average
gptkbp:location gptkb:United_States
global
gptkbp:notableFor largest one-day percentage decline in US stock market history
gptkbp:percentageDrop 22.6%
gptkbp:precededBy stock market boom of the 1980s
gptkbp:bfsParent gptkb:Stock_Market_Crash_of_1929
gptkbp:bfsLayer 4