Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
What happened in 1987's 'Black Monday' market crash?
short by Daisy Mowke / on Monday, 7 April, 2025
Following US President Donald Trump's tariffs, CNBC host Jim Cramer predicted a market blood bath that could expand into a crash similar to 1987's 'Black Monday'. The global financial crisis saw the Dow Jones Industrial Average (DJIA) dropping 22.6% in a single trading session. It's "a loss that remains the largest one-day stock market decline in history", according to FederalHistoryReserve.org.
read more at Financial Express