Black Monday was the day, Oct. 19, 1987, when the Dow Jones Industrial Average (DJIA) lost 22.6% of its value in a single trading session. The S&P 500 declined 30% on the same day. Black Monday ...
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Stocks just notched an achievement rarely seen since WWII. But history says it's also a warning.
The S&P 500 has rallied 16% in two months. Gains of that magnitude have rarely been since since WWII. One instance was just before Black Monday in 1987.
If there is one constant amid this AI-fueled, record-setting run for the stock market, it's the debate over whether it's all one big bubble. "I don't think it's a mania. Taxi drivers are not talking ...
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