What is the meaning of Black Monday?

Black Monday refers to October 19, 1987, when the Dow Jones Industrial Average fell 508 points on the heels of sharp drops the previous week. On Monday, October 27, 1997, the Dow dropped 554 points. While the point drop set a new record, the percentage decline was substantially less than in 1987.

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APABarry Goldsmith. (2010). black monday. Retrieved September 26, 2026, from http://smartdefine.org/black_monday/definitions/1148677
ChicagoBarry Goldsmith. 2010. "black monday" http://smartdefine.org/black_monday/definitions/1148677 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, black monday, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/black_monday/definitions/1148677>.
MLABarry Goldsmith. "black monday" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/black_monday/definitions/1148677>
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