Black Monday
Appearance
"Black Monday" may refer to:
- Black Monday, Dublin, 1209 – when a group of 500 recently arrived settlers from Bristol were massacred by warriors of the Gaelic O'Byrne clan. The group had left the safety of the walled city of Dublin to celebrate Easter Monday near a wood at Ranelagh, when they were attacked without warning. For centuries afterwards, this event was commemorated by a mustering of soldiers on the day as a challenge to the native tribes.[citation needed]
- Black Monday, 14 April 1360 – the army of Edward III during the Hundred Years' War was struck by hailstorms, lightning and panic, causing considerable loss of life on Easter Monday.
- Black Monday, 27 February 1865 – a "sirocco" wind brought sandstorms to Melbourne, Australia affecting Sandhurst and Castlemaine.
- Black Monday, 8 February 1886 – when a major protest over unemployment led to a riot in Pall Mall, London.
- Black Monday, December 10 1894 – when both banks of Newfoundland, Britain’s oldest colony, had closed their doors, thus rendering that colony’s main medium of exchange worthless.
- Black Monday, 28 October 1929 – a day in the Wall Street Crash of 1929, which also saw major stock market upheaval.
- Black Monday, 27 May 1935 – Supreme Court Justices overturned multiple Acts including National Industrial Recovery Act.
- Black Monday, September 19, 1977 – when Youngstown Sheet and Tube Company, one of America's largest regional steel-manufacturing firms, announced that it would shut down most of its operations in the vicinity of Youngstown, Ohio. This development presaged the collapse of that community's industrial economy.
- Black Monday, Malta, 15 October 1979 – the offices of the The Times of Malta were set on fire during a political rally. It was also on this day that supporters of the Malta Labour Party broke into the house of Dr. Edward Fenech Adami.
- Black Monday, 19 October 1987 – the second largest one-day decline in recorded stock market history.
- Black Monday, January 21, 2008 – one of the biggest worldwide stock market crash since September 11, 2001. [1] FTSE 100 had its biggest ever one-day points fall (however there was a bigger points fall on Monday October 6th 2008)[2], European stocks closed with their worst result since September 11, 2001 [3], and Asian stocks dropped as much as 15% [4].
- Black Monday, September 15 2008 – a day in the Liquidity crisis of September 2008, a worldwide stock market crash due to Lehman Brothers filed Chapter 11 bankruptcy and major investment bank Merrill Lynch was sold to Bank of America. Dow Jones Industrial Average lost more than 500 points, which is the biggest point drop since September 2001[5]. FTSE 100 dropped 212 points, and it was the biggest one-day percentage drop since January 21 2008 [6]. Hong Kong, Japan and Korea stock market suspended that day due to public holiday, and they fell over 5% on the following day (September 16).[7]
- Black Monday 8/08 September 29 2008 - The United States House of Representatives rejected a $700 billion bail out plan, leading to a 777.68 point drop on the Dow Jones Industrial Average.