Wall Street Marks 39th Anniversary of Black Monday Amid Fresh Crash Jitters
Photo: TheCoinrise
Traders are revisiting the 1987 crash as a historical reference point while weighing current market risks, according to Bitcoin.com News. Wall Street is marking the 39th anniversary of Black Monday, the October 19, 1987 crash that wiped out more than 22% of the Dow Jones Industrial Average in a single session. Bitcoin.com News reports that the anniversary has reignited discussion about the fragility of modern market structure. The comparison arrives as traders weigh a mix of macroeconomic and technical pressures. The original Black Monday remains one of the most studied events in financial history.
Source: TheCoinrise
