Miscellaneous: Global meltdwon in 1987 and there after

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posted by kamalkali1962 46 days ago
After the Wall Street crash in October 1973 due to unprecedented surge in crude oil price; there was lull for little more than a decade. The Wall Street rocked again on October 19th, 1987,the Monday. The US stock market indices, the DOW Jones Industrial Average lost 508 points. That means on a single day the stocks lost 22.6% of their values! This day was also termed as another “Black Monday”.
1 comment | tags: dow jones derivatives stocks shares all | category: Miscellaneous | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas

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  • Avatar | written by denny 44 days ago Rating: 0 | Rate comment: + -

    hey karna i actually want to thank u for ur series of articles on this economic issues...

    i never understood the technical terms and details, but u have simplified it for me....

    thanx a lot.....


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