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Black Monday - Part 1 - Nightly Business Report Oct.19, 1987

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Uploaded on Jul 25, 2008

First 10 minutes of the Nightly Business Report episode from Black Monday, October 19, 1987. The Dow Jones Average dropped by more than 22% that day to close at 1,738 with volume double the previous record (set the preceding Friday). Just two months earlier the average had peaked at 2,722, a level it would not see again for two years and would revisit for the final time in early 1991.

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