Oct 18, 2017

10/18/2017: The stock market’s worst single-day drop

HTML EMBED:
COPY

(U.S. Edition) President Xi Jinping delivered a big speech today to kick off China’s Communist Party Congress, which happens twice a decade. We'll look at the economic policies Jinping is expected to focus on during the event. Afterwards, we'll speak with author Diana Henriques about Black Monday, the stock market's biggest single-day drop in U.S. history. She shares some of the lessons that America still needs to learn from that event. 

Segments From this episode

Here's why we shouldn't forget about the crash of '87

Oct 18, 2017
On Black Monday, the stock market plunged 22.6 percent.
A trader on the New York Stock Exchange reacts on Oct. 19, 1987, as stocks are devastated during one of the most frantic days in the exchange's history. The Dow Jones index plummeted over 200 points in record trading. 
MARIA BASTONE/AFP/Getty Images

(U.S. Edition) President Xi Jinping delivered a big speech today to kick off China’s Communist Party Congress, which happens twice a decade. We’ll look at the economic policies Jinping is expected to focus on during the event. Afterwards, we’ll speak with author Diana Henriques about Black Monday, the stock market’s biggest single-day drop in U.S. history. She shares some of the lessons that America still needs to learn from that event. 

The team

Stephen Ryan Producer, BBC