Black Monday (1987), Black Monday
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Black Monday refers to specific Mondays when undesirable or turbulent events have occurred. It has been used to designate massacres, military battles, and stock market crashes.


Historic events

*1209,
Dublin Dublin is the capital and largest city of Republic of Ireland, Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, and is bordered on the south by the Dublin Mountains, pa ...
– when a group of 500 recently arrived settlers from Bristol were killed by warriors of the
Gaelic Gaelic (pronounced for Irish Gaelic and for Scots Gaelic) is an adjective that means "pertaining to the Gaels". It may refer to: Languages * Gaelic languages or Goidelic languages, a linguistic group that is one of the two branches of the Insul ...
O'Byrne clan. The group had left the safety of the walled city of Dublin to celebrate Easter Monday near a wood at
Ranelagh Ranelagh ( , ; , ) is an affluent residential area and urban village on the Southside of Dublin, Ireland in the postal district of Dublin 6. Ranelagh was originally a village called Cullenswood. It has a history of conflict, including the at ...
, when they were attacked without warning. Although now a relatively obscure event in history, it was commemorated by a mustering of the
Mayor In many countries, a mayor is the highest-ranking official in a Municipal corporation, municipal government such as that of a city or a town. Worldwide, there is a wide variance in local laws and customs regarding the powers and responsibilitie ...
,
Sheriff A sheriff is a government official, with varying duties, existing in some countries with historical ties to England where the office originated. There is an analogous, although independently developed, office in Iceland, the , which is common ...
s and soldiers on the day as a challenge to the native tribes for centuries afterwards. *13 April 1360 – Black Monday (1360), when inclement weather killed men and horses in the army of
Edward III Edward III (13 November 1312 – 21 June 1377), also known as Edward of Windsor before his accession, was King of England from January 1327 until his death in 1377. He is noted for his military success and for restoring royal authority after t ...
during the
Hundred Years' War The Hundred Years' War (; 1337–1453) was a conflict between the kingdoms of Kingdom of England, England and Kingdom of France, France and a civil war in France during the Late Middle Ages. It emerged from feudal disputes over the Duchy ...
. * 8 April 1652 (New Style, i.e. in the Gregorian calendar, or 29 March, Old Style, in the Julian calendar) – A total solar eclipse. *24 February 1689 – During the
Williamite War in Ireland The Williamite War in Ireland took place from March 1689 to October 1691. Fought between Jacobitism, Jacobite supporters of James II of England, James II and those of his successor, William III of England, William III, it resulted in a Williamit ...
the Protestant inhabitants of Bandon rose up against the
Irish Army The Irish Army () is the land component of the Defence Forces (Ireland), Defence Forces of Republic of Ireland, Ireland.The Defence Forces are made up of the Permanent Defence Forces – the standing branches – and the Reserve Defence Forces. ...
garrison of the town in an incident known as Black Monday. Bandon was quickly recaptured by
Justin MacCarthy Justin MacCarthy was an Anglican priest in Ireland in the second half of the 19th century. MacCarthy was born in County Cork, educated at Trinity College, Dublin. and ordained in 1851. After curacies in Cullen and Cork, he was the incumbent ...
. *10 December 1894, also known as the Newfoundland Bank Crash of 1894, the Union Bank of Newfoundland and the Commercial Bank of Newfoundland closed. *27 May 1935 – The US Supreme Court ruled unanimously against President
Franklin D. Roosevelt Franklin Delano Roosevelt (January 30, 1882April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served ...
in three cases challenging the constitutionality of the
New Deal The New Deal was a series of wide-reaching economic, social, and political reforms enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, in response to the Great Depression in the United States, Great Depressi ...
, which was a factor leading to Roosevelt's attempt in 1937 to pack the Supreme Court. *17 May 1954,
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
– Following the Supreme Court's decision in ''
Brown v. Board of Education ''Brown v. Board of Education of Topeka'', 347 U.S. 483 (1954), was a landmark decision of the United States Supreme Court that ruled that U.S. state laws establishing racial segregation in public schools are unconstitutional, even if the ...
'', U.S. Representative John Bell Williams (D-Mississippi) coined the term "Black Monday" on the floor of Congress to denote Monday, 17 May 1954, the date of the Supreme Court's decision. In opposition to the decision,
white citizens' councils The White Citizens' Councils were an associated network of White supremacy, white supremacist, Racial segregation in the United States, segregationist organizations in the United States, concentrated in the Southern United States, South and crea ...
formally organized throughout the south to preserve segregation and defend segregated schools. *19 September 1977,
Youngstown, Ohio Youngstown is a city in Mahoning County, Ohio, United States, and its county seat. It is the List of municipalities in Ohio, 11th-most populous city in Ohio with a population of 60,068 at the 2020 United States census, 2020 census. The Mahoning ...
, U.S. –
Youngstown Sheet and Tube The Youngstown Sheet and Tube Company, based in Youngstown, Ohio, was an American steel manufacturer. Officially, the company was created on November 23, 1900, when Articles of Incorporation of the Youngstown Iron Sheet and Tube Company were fi ...
closes its doors and furloughs 5000 workers, devastating the Youngstown economy: See *8 October 1990 – 1990 Temple Mount riots in
Jerusalem Jerusalem is a city in the Southern Levant, on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea. It is one of the List of oldest continuously inhabited cities, oldest cities in the world, and ...
. *August 2003 – During the Europe heat wave of 2003, 3000 died in a single night in
Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...
due to the excessive heat. *20 July 2009,
Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...
– Only 330 of the 1,260 of the
Berlin S-Bahn The Berlin S-Bahn () is a rapid transit railway system that services the reigon in and around Berlin, the capital city of Germany. It has been in operation under the name since December 1930, having been previously called the special tariff are ...
's train cars were deemed good for operation, resulting in significant service reductions. Earlier in the month 380 (30.2%) train cars were removed, making the total removed on 20 July was at 550 (43.7%). *3 October 2016 – Strikes and demonstrations by women in
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...
protesting against proposed legislation for a total ban on abortion. *9 May 2022 – During the
2022 Sri Lankan protests The 2022 Sri Lankan protests, commonly known as Aragalaya (), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Economy of Sri Lanka, Sri Lankan ...
, armed loyalists of
Mahinda Rajapaksa Mahinda Rajapaksa (; ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the sixth President of Sri Lanka from 2005 to 2015; the Prime Minister of Sri Lanka from 2004 to 2005, 2018, and 2019 to 2022; the ...
led by
Sri Lanka Podujana Peramuna The Sri Lanka People's Front (; ), commonly known by its Sinhalese name Sri Lanka Podujana Peramuna (SLPP), is a political party in Sri Lanka. It was the ruling party in Sri Lanka from 2019 to 2022 and was the largest party in Parliament of Sr ...
politicians attacked protestors that were occupying Temple Trees and Galle Face.


Stock market losses

* 28 October 1929 – Stock markets in the United States began to crash as part of the Wall Street crash of 1929. * 19 October 1987 – Stock markets around the world unexpectedly crashed, shedding a huge value in a very short time. * 29 September 2008 – Following the bursting of the post-Cold War real-estate bubble and the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
, stock markets worldwide crashed, leading to the
Great Recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.
. * 8 August 2011 – A stock market crash occurred from a credit rate downgrade of the United States' debt. *24 August 2015 – The 2015–2016 Chinese stock market turbulence began. The
SSE Composite Index The SSE Composite Index also known as SSE Index is a stock market index of all stocks ( A shares and B shares) that are traded at the Shanghai Stock Exchange. There are also SSE 180, SSE 50 and SSE Mega-Cap Indexes for top 180, 50 and 20 comp ...
declined by 8.45%. * 16 September 2019 – The
Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of ...
began intervening in the
repo market A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of secured short-term borrowing, usually, though not always using government securities as collateral. A contracting party sells a security to a lend ...
five months before the start of the
2020 stock market crash On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. The crash ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, ...
after the overnight lending rate spiked above 8%. * 9 March 2020 – Part of the
2020 stock market crash On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. The crash ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, ...
; the worst day for stock market losses since the
Great Recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.
, fueled by investor panic over the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
and the
oil price The price of oil, or the oil price, generally refers to the spot price of a Oil barrel, barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crud ...
war between Russia and Saudi Arabia. * 16 March 2020 – Larger declines than the previous week's fall during the
2020 stock market crash On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. The crash ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, ...
. * 7 April 2025 - Part of the
2025 stock market crash Starting on April 2, 2025, global stock markets crashed amid increased volatility following the introduction of new tariff policies by United States President Donald Trump during his second term. On April 2, which he called "Liberation Day" ...
; the largest declines since the aforementioned March 2020 Black Mondays, which set off many circuit breakers in Asian markets, as a result of
tariffs in the second Trump administration During Second presidency of Donald Trump, his second presidency, United States president Donald Trump enacted a series of steep Protective tariff, protective tariffs affecting nearly all List of imports of the United States, goods imported into ...
.


Recurring events

*The day following the final Sunday of the
National Football League The National Football League (NFL) is a Professional gridiron football, professional American football league in the United States. Composed of 32 teams, it is divided equally between the American Football Conference (AFC) and the National ...
regular season (Week 18) on which numerous coaches and general managers of underperforming teams are fired, their contracts are allowed to expire without renewal, or they resign their positions.Ken Belson with Alain Delaqueriere
"Black Monday: Now a Ritual Whose Meaning is Clear,"
''New York Times,'' 28 December 2013.
The first known use of the phrase was attributed by a pair of writers in ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' to a 1998
Associated Press The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are dist ...
story, "Black Monday for NFL Coaches". The term is also sometimes used in reference to the day following the annual
NFL Draft The NFL draft, officially known as the Annual Player Selection Meeting, is an annual event which serves as the most common source of player recruitment in the National Football League. Each team is given a position in the drafting order in reve ...
where players' contracts may be terminated once new players are added to a roster. *An old schoolchildren's name for the first Monday of the new year, when winter recess ends and school resumes.Webster 1913


See also

* Bloody Monday (disambiguation)


References


External links

* {{Set index article Monday Black days