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On October 19, 1987, global stock markets suffered a historic collapse. The Dow Jones fell 22.6% in a single day, triggering panic across financial markets worldwide.
Stock overvaluation, computerised trading, and investor panic fueled the steep market decline, leading to a massive sell-off.
Markets in the US, UK, Australia, and India plunged, wiping out billions in market value and shaking investor confidence.
Governments and central banks stepped in with measures to restore stability, including market reforms and trading safeguards.
The crash led to regulatory changes, such as circuit breakers, to prevent extreme market volatility in the future.
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