Black Monday

October 19 marks the 29th anniversary of the infamous "Black Monday" stock market crash of 1987. On that day, the Dow Jones Industrial Average (INDEX: DJI) fell 508 points, or 22 percent. This remains the largest percentage drop on record. Charts Can Be Deceiving With the stock market currently...

It was a Black Monday of sorts for oil and natural gas company Chesapeake Energy Corporation (NYSE: CHK), down 34 percent after reports surfaced that the company is working with restructuring attorneys Kirkland & Ellis. The drop off indicates the market saw a relationship with the firm as a...

With "Black Monday" still fresh in investors' minds, Ioannis Angelakis, Bank of America's European Credit Derivatives Strategist, commented in a note that record outflows have been seen during the last week in the majority of asset classes. Here are the analyst's findings: High-Yield Credit High-...

After the famed – yet infamous – Black Monday market selloff, indices have started to recuperate. The Dow Jones Industrial Average, S&P 500 and NASDAQ Composite all rose on Tuesday and Wednesday mornings, and they are all currently up more than 1 percent on Wednesday afternoon. But...

In a new report on Tuesday for UBS Financial Services clients, Art Cashin discussed some observations he made during the market turmoil on Monday. Cashin gave a couple of explanations for the extreme volatility and also recounted the surprising swings throughout the trading day. Far From Fluid...

August 24, 2015 will be remembered as another rendition of Black Monday as equity bourses the world over plunged. Things were so bad that various headlines implied the Dow's nearly 600-point tumble was not so bad when considering the blue-chip index opened down by 1,000 points. Well, there...

Worries about China sent global markets on a downward spiral on Monday as investors began to panic and a massive sell-off ensued. While it appeared that no industries were able to escape unscathed, the market did see some heavier than expected losses in certain sectors. Logistics Shares of...

Kenny Polcari remembers October 19, 1987, like it was yesterday. That’s because it was Black Monday, and Polcari was on the New York Stock Exchange trading floor watching it all unfold. He recently joined Benzinga’s #PreMarket Prep to talk about his experience watching the stock...

U.S. equity futures fell in early Friday trading as investors mark the 25th anniversary of Black Monday, when the Dow Jones Industrial Average lost 23 percent in one day. Also, European leaders continued their summit in Brussels and seem close to disbursing the next bailout tranche for Greece as...