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HomeNewsBlack monday

Black Monday

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  • Black Monday: What is it and why is Donald Trump calling it 'medicine to fix something'

    Hopes that US President Donald Trump would rethink his policy in light of the turmoil were dashed Sunday when he said he would not make a deal with other countries unless trade deficits were solved.

  • Target shares hit by worst rout since 1987’s black Monday

    Operating profit will amount to only about 6% of sales this year, 2 percentage points below the previous forecast, Target said Wednesday. And the company’s first-quarter adjusted profit missed the lowest of 23 analyst estimates compiled by Bloomberg.

  • Analysis: Could the 1987 stock market crash happen again?

    On the 30th anniversary of the 1987 stock market crash, US stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.

  • FPIs take out Rs 15,000 cr in last 5 trading sessions

    Of this total, FPIs withdrew a net amount of Rs 5,173 crore on the 'Black Monday' alone, when the benchmark Sensex crashed over 1624 points, while 50-share NSE Nifty plunged 490.95 points.

  • Key dates and milestones in the S&P 500's history

    Standard & Poor's, initially known as the Standard Statistics Company, created its first stock market index in 1923. It consisted of the stocks of 233 companies and was computed weekly.

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