October 24, 2008
"Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices.
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Source: Wikipedia (CC BY-SA)
On October 24, in the year 2008:
"Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices.
A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth.
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Why October 24, 2008 matters:
"Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices.
What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.
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Historical context: October 24, 2008
The 21st century has already seen profound shifts: the digital revolution has connected billions while reshaping politics and culture; climate change has emerged as a defining crisis; and new powers have risen to challenge the world order that followed the Cold War.
The event on this day: "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices.
Source: https://en.wikipedia.org/wiki/Stock_market_crash (Wikipedia, CC BY-SA)
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