Market Crash of 1997: Stocks Plummet, Circuit Breakers Triggered
Stock markets worldwide plunged on fears of a global economic meltdown when the Dow Jones Industrial Average tumbled 554.26 points to 7,161.15. The New York Stock Exchange activated its circuit breakers twice and made the controversial decision to close early, marking the first time such an emergency halt occurred. This chaotic day forced investors and regulators to confront how quickly automated trading could amplify panic across a connected global economy.
October 27, 1997
29 years ago
What Else Happened on October 27
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