On Tuesday October 19, 1999, the US Department of Labor released its September 1999 Consumer Price Index (CPI), which showed a rise of 0.4 percent, the third monthly rise in a row. Wall Street breathed a sigh of relief at the news of the report as recent anxiety over the rising CPI and the threat of interest rates had sent the Nasdaq plunging. Tuesday, after the release of the report, stocks...
This week's In the News looks back at the 1987 stock market crash. The six resources provide an overview of the stock market crash then and lessons learned from that experience. The Dow Jones industrial average fell by 554 points on October 27, 1997, the largest points decrease ever, sparking fears of a repeat of the 1987 stock market crash which happened almost to the day ten years ago....