<P> In finance , Black Monday refers to Monday , October 19 , 1987 , when stock markets around the world crashed , shedding a huge value in a very short time . The crash began in Hong Kong and spread west to Europe , hitting the United States after other markets had already declined by a significant margin . The Dow Jones Industrial Average ( DJIA ) fell exactly 508 points to 1,738.74 ( 22.61 % ) . In Australia and New Zealand , the 1987 crash is also referred to as `` Black Tuesday '' because of the time zone difference . </P>
<P> In finance , Black Monday refers to Monday , October 19 , 1987 , when stock markets around the world crashed , shedding a huge value in a very short time . The crash began in Hong Kong and spread west to Europe , hitting the United States after other markets had already declined by a significant margin . The Dow Jones Industrial Average ( DJIA ) fell exactly 508 points to 1,738.74 ( 22.61 % ) . In Australia and New Zealand , the 1987 crash is also referred to as `` Black Tuesday '' because of the time zone difference . </P>
when did the stock market crash in 1987
when did the stock market crash in 1987
October 19 , 1987
October 19 , 1987