$1,000 invested after the 1987 Black Monday crash would now be worth this much
Photo: Finbold
The 39th anniversary of Black Monday , Wall Street’s worst single-day crash that took place on October 19, 1987, has come, and it’s a perfect opportunity to reflect on how the market has moved in nearly four decades since the calamity. For instance, how much would a $1,000 invested after the Black Monday crash be worth today? To get a simple answer, we can take a look at how the S&P 500 has performed over the past 39 years. On Black Monday, the S&P 500 fell 20.47% in a day, to 224.84, as global losses climbed to around $1.71 trillion.
Source: Finbold
