39 Years After the 1987 Crash, Wall Street Braces for Another ‘Black Monday’

October 19, 2026 falls on a Monday, as in 1987, when Wall Street experienced one of the worst days in its history. Between high oil prices, doubts about artificial intelligence, and persistent inflation, some investors fear a new collapse. However, markets today have protections that did not exist at the time. The calendar coincidence fuels speculation. Especially since investors are turning to safe haven assets in a climate of uncertainty. On October 19, 1987 , the Dow Jones lost 22.6% in one day, wiping out about 500 billion dollars of American stock market capitalization. At the time, automated trading strategies and portfolio insurance mechanisms had amplified the selling. Thirty-nine years later, concerns resurface. On Friday, October 16, the S&P 500 lost 1.09%, while the Nasdaq gave up about 2.2%.

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