The stock market crash of 1987...
Item # 718462
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ST. PETERSBURG TIMES, Florida, Oct. 20, 1987
* Stock market crash
* Wall Street collapse
The front page reports the stock market crash of 1987 with: "Plunge of '87: Dow Falls 508" with subheads: "Market Down 1,000 points since Aug. 25" and: "Economy May feel After Effects". There is also a color graph illustrating: "The Dow's drop".
This is the complete first section with pages 1-18 (of 50). Nice condition.
Background: On October 19, 1987, known as Black Monday, global stock markets experienced an unprecedented crash, with the Dow Jones Industrial Average (DJIA) plummeting 508 points, or 22.6%, marking the largest single-day percentage drop in U.S. history. The collapse was fueled by a combination of factors, including rampant program trading, where computerized systems automatically sold stocks as prices fell, creating a feedback loop of panic selling. Stocks had also become heavily overvalued, and rising interest rates and trade deficits heightened investor anxiety. The panic quickly spread worldwide, with markets in Europe and Asia suffering sharp declines as well. Despite the dramatic losses, the U.S. economy avoided a full-blown recession, thanks in part to Federal Reserve intervention, which provided liquidity and restored some confidence. The crash profoundly influenced financial markets, leading to reforms in trading regulations, circuit breakers to halt panic selling, and a heightened awareness of systemic risk in global markets.
* Stock market crash
* Wall Street collapse
The front page reports the stock market crash of 1987 with: "Plunge of '87: Dow Falls 508" with subheads: "Market Down 1,000 points since Aug. 25" and: "Economy May feel After Effects". There is also a color graph illustrating: "The Dow's drop".
This is the complete first section with pages 1-18 (of 50). Nice condition.
Background: On October 19, 1987, known as Black Monday, global stock markets experienced an unprecedented crash, with the Dow Jones Industrial Average (DJIA) plummeting 508 points, or 22.6%, marking the largest single-day percentage drop in U.S. history. The collapse was fueled by a combination of factors, including rampant program trading, where computerized systems automatically sold stocks as prices fell, creating a feedback loop of panic selling. Stocks had also become heavily overvalued, and rising interest rates and trade deficits heightened investor anxiety. The panic quickly spread worldwide, with markets in Europe and Asia suffering sharp declines as well. Despite the dramatic losses, the U.S. economy avoided a full-blown recession, thanks in part to Federal Reserve intervention, which provided liquidity and restored some confidence. The crash profoundly influenced financial markets, leading to reforms in trading regulations, circuit breakers to halt panic selling, and a heightened awareness of systemic risk in global markets.
Category: The 20th Century
Price
$72
100% Authentic: Original printing, never a reproduction.