Where does the word 1987 come from and what does it mean?
1987 (epistamai) in antiquity meant, “skilled in handicraft” (M. Vincent) – referring to knowledge “resulting from prolonged practice” (Thayer, 118).] NAS Exhaustive Concordance Word Origin from ephistémi
Where did the stock market fall in 1987?
By the end of October, stock markets had fallen in Hong Kong (45.5%), Australia (41.8%), Spain (31%), the United Kingdom (26.45%), the United States (22.68%) and Canada (22.5%). New Zealand’s market was hit especially hard, falling about 60% from its 1987 peak, and would take several years to recover.
Why was October 1987 known as Black Tuesday?
In Australia and New Zealand, the day is also referred to as Black Tuesday because of the time zone difference from the United States. All of the twenty-three major world markets experienced a sharp decline in October 1987.
What was the Dow Jones average on Black Monday 1987?
Black Monday (1987) The Dow Jones Industrial Average (DJIA) fell exactly 508 points to 1,738.74 (22.61%). In Australia and New Zealand, the 1987 crash is also referred to as ” Black Tuesday ” because of the time zone difference.
By the end of October, stock markets had fallen in Hong Kong (45.5%), Australia (41.8%), Spain (31%), the United Kingdom (26.45%), the United States (22.68%) and Canada (22.5%). New Zealand’s market was hit especially hard, falling about 60% from its 1987 peak, and would take several years to recover.
Black Monday (1987) The Dow Jones Industrial Average (DJIA) fell exactly 508 points to 1,738.74 (22.61%). In Australia and New Zealand, the 1987 crash is also referred to as ” Black Tuesday ” because of the time zone difference.
What was the House Ways and Means Bill of 1987?
On the morning of Wednesday, October 14, 1987, the United States House Committee on Ways and Means introduced a tax bill that would reduce the tax benefits associated with financing mergers and leveraged buyouts.
In Australia and New Zealand, the day is also referred to as Black Tuesday because of the time zone difference from the United States. All of the twenty-three major world markets experienced a sharp decline in October 1987.