Stocks have stalled. Bond yields are rising. And perhaps most ominously—it’s October. So it’s no wonder investors are jumpy.
In fact, Wednesday will mark the 29th anniversary of Black Monday. On Oct. 19, 1987, stock markets around the world imploded, with the Dow Jones Industrial Average DJIA, +0.42% dropping 508 points, or 22%, marking its largest one-day percentage decline on record.
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