1997 Mini-Crash: Global Markets Panic
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
Key Figures & Places
What Else Happened on October 27
Mit der Adoption des 44-jährigen Trajan durch den kinderlosen Kaiser Nerva beginnt im Römischen Reich die Zeit der Adoptivkaiser.
Constantine the Great reportedly saw a radiant cross in the sky above the sun before his battle against Maxentius. This vision compelled him to adopt the Chi-Rh…
en el mar Mediterráneo, los sarracenos invaden la isla de Cerdeña.
début de l'invasion arabe en Sardaigne.
Saracen raiders landed on Sardinia's southern coast. They burned villages, seized captives for slave markets, destroyed churches. The island had no unified defe…
Æthelstan, the architect of a unified England, died at Gloucester, leaving behind a consolidated kingdom that had successfully repelled Viking incursions. His h…
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