Remembering the Stock Market Crash of 1987

October 16, 1987: Friday Before The Fall


Having fallen sharply the previous day, the Dow Industrials suffer a triple-digit loss for the first time ever, closing at 2246 in unusually high trading volume on the New York Stock Exchange.

Nightly News 10-16-87


The third day of the "selling avalanche" and the first time ever the Dow lost triple digits. The index posts a near-10% decline on the week.

Comparisons with the crash of 1929 inevitably come up but are quickly written off. A bull-bear debate starts to boil -- for a day!