Thursday, March 12, 2020

The blackest trading days since 1987

19 October 1987 On this memorable day, speculation on higher US interest rates caused prices to plummet worldwide. The Dow Jones index plunges 22.6 per cent. Even after the attacks of 11 September 2001, the slump was not as severe. In Frankfurt, prices measured against the recalculated Dax – the index was not introduced until 1 July 1988 – tumble ...

from Engine Forex https://engineforex.com/the-blackest-trading-days-since-1987/
via https://engineforex.com

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