Photographs purporting to authentically depict stock traders' reactions to the historic Oct. 19, 1987, stock market crash known as "Black Monday" circulated online in April 2025.

This instability recalls past crises, like the Black Monday 1987 stock market crash. Black Monday saw a 20.5% S&P 500 drop, the most drastic in financial history.

Both white and black Americans shied away from the stock market after the 49 percent crash in 2000-2001 and the 57 percent crash in late 2007 to early 2009, according to Ariel surveys.

On Sept. 3, 1929 the stock market hit an all-time high, with the Dow Jones Industrial Average peaking at 381.17. But Oct. 24, 1929 -- what became known as "Black Thursday" -- the healthy bull ...

The share of Black families owning stock directly or indirectly had previously peaked at 36% in 2001, in the midst of the dot-com collapse that tanked many first-wave internet companies. But consider: ...