October is usually a good month for financial markets in general, so we often call it "Uptober"...
But did you know there were 3 major financial crises that happened in October?
1- Wall Street Crash of 1929 - The historic boom ended with a terrible crash. On October 28, 1929, the Dow dropped nearly 13 percent, and the period became known as the Great Depression.
2- Black Monday 1987 - The Black Monday event occurred on October 19, 1987, when Dow Jones lost nearly 22% in just one day.
3- Financial crisis 2008 - From October 6 to 10, 2008, the Dow Jones index fell continuously for five sessions, with trading levels breaking all records. Dow Jones dropped more than 1,874 points (~18%) and experienced its worst week of decline ever in terms of both points and percentage. The S&P 500 index fell more than 20%.
Now you know... Have a nice day!
$BTC $ETH $BNB
But did you know there were 3 major financial crises that happened in October?
1- Wall Street Crash of 1929 - The historic boom ended with a terrible crash. On October 28, 1929, the Dow dropped nearly 13 percent, and the period became known as the Great Depression.
2- Black Monday 1987 - The Black Monday event occurred on October 19, 1987, when Dow Jones lost nearly 22% in just one day.
3- Financial crisis 2008 - From October 6 to 10, 2008, the Dow Jones index fell continuously for five sessions, with trading levels breaking all records. Dow Jones dropped more than 1,874 points (~18%) and experienced its worst week of decline ever in terms of both points and percentage. The S&P 500 index fell more than 20%.
Now you know... Have a nice day!
$BTC $ETH $BNB