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39%, ending the four month closure due to the outbreak of the First World War, and Monday, September 17, 2001, the first day that the market was open following the September 11, 2001 attacks.Interestingly, the DJIA was positive for the 1987 calendar year.. The DJIA would not regain its August 25, 1987 closing high of 2,722 points until almost two years later. New Zealand's market was hit especially hard, falling about 60% from its 1987 peak, and taking several years to recover.8%, Australia 41.4%, the United States 22. Important assumptions concerning human rationality, the efficient market hypothesis, and economic equilibrium were brought into question by the event.8%, Spain 31%, the United Kingdom 26. It opened on January 2, 1987, at 1,897 points and would close on December 31st, 1987, at 1,939 points.6%). The Dow Jones Industrial Average (DJIA) dropped by 508 points to 1739 (22. This also gave the Federal Reserve and other central banks time to pump liquidity into the system to prevent a further downdraft. Confusingly, in Australia the 1987 crash is also referred to as Black Tuesday because of the timezone difference.)The Black Monday decline was the largest one-day percentage decline in stock market history.68%, and Canada 22. The crash began in Hong Kong, spread west throughSome more useful information on canada day market online stock trading
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