Chronotales

The Biggest Events in Financial Markets History

Here are some of the biggest events in financial markets, with images:

Black Monday

The stock market crashed by 22.6%, the largest one-day percentage drop in history. The crash was caused by a combination of factors, including the use of portfolio insurance, which led to a cascade of selling, and the fear of a recession.

The Dot-com Bubble

The stock market bubble in technology stocks burst, wiping out trillions of dollars in wealth. The bubble was caused by a combination of factors, including excessive speculation and unrealistic valuations of tech stocks.

The 2008 Financial Crisis

The worst financial crisis since the Great Depression. The crisis was caused by a combination of factors, including the collapse of the subprime mortgage market and the failure of major financial institutions.

The COVID-19 Pandemic (2020)

The COVID-19 pandemic caused a sharp decline in economic activity, which led to a sell-off in financial markets. The stock market fell by over 30% in a matter of weeks. However, the market rebounded strongly in the following months, as investors bet on a recovery from the pandemic.
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