On This Day In History October 19, 1987
WORST DAY IN STOCK MARKET HISTORY
On this day in history, referred to as Black Monday, the Dow Jones Industrial Average incurred over a 22% decline in a single day. To this day, this remains the worst single day in stock market history. In order to prevent another such day, the SEC implemented circuit breakers to minimize panic selling.
This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the
SEC. Signature Wealth Management Group only transacts business in states where it is properly registered, or is excluded or exempted from
registration requirements. The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock
Exchange and the NASDAQ. The DJIA was invented by Charles Dow back in 1896. Investing involves risk including the potential loss of principal. No
investment strategy can guarantee a profit or protect against loss in periods of declining values.