"Just as the stock market crash of October 28, 1929, has forever come to be remembered as "Black Tuesday," so October 19, 1987, has come to be known as "Black Monday." It was on this day that the stock market again crashed, precipitating one of the first financial crises of the modern globalized era, as the Dow Jones Industrial Average (DJIA) dropped 508 points, or 22.6% of its value."
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Library of Congress, Business Reference Services (April, 2008)
https://en.wikiquote.org/wiki/Black_Monday
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Black Monday
Black Monday is a name unique to Mondays on which dire events occurred. Originally the term referred to select Easter Mondays, it later was applied to any notorious Monday.
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