What caused the 1987 stock market crash?

The crash. Before the New York Stock Exchange (NYSE) opened on Black Monday, October 19, 1987, there was pent-up pressure to sell stocks. When the market opened, a large imbalance immediately arose between the volume of sell orders and buy orders, placing considerable downward pressure on stock prices.

What was the stock market like in 1987?

The 1987 S&P 500 bear market, which this one is often compared to, was actually milder than average. The 1987 bear market wrapped up in just 202 calendar days, Stovall says. That's one of the shortest S&P 500 bear markets on record, half the average 419 days. And the drop in the 1987 bear maxed out at 33.5%.

What happened to the stock market in 1987?

The stock market crash of 1987: What have we learned? The stock market fell by 22% over two days in October 1987. This sharp correction was outside the experience of most City professionals. It raised fears about this being a repeat of the stock market crash of 1929 and a harbinger of an economic depression to follow.