From the archives: "Black Monday," the 1987 stock market crash
October 19, 2022
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6:53Trump's legal troubles face crucial moments as they move through courts
0:54Now PlayingFrom the archives: "Black Monday," the 1987 stock market crash
YouTube Description
as posted by the channelON THIS DAY: Oct. 19, 1987 — The stock market crashed, causing the first contemporary global financial crisis, otherwise known as “Black Monday." A wave of selling that started in Hong Kong slammed U.S. markets and pushed the Dow Jones Industrial index down 22.6%. It marked the sharpest market downturn in the nation since the Great Depression. Take a look back at CBS News correspondent Ray Brady's report on one of the darkest days in financial history.
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