ON THIS DAY: Oct. 19, 1987 — The stock market crashed, causing the first contemporary global financial crisis, otherwise known as “Black Monday." A wave of selling that started in Hong Kong slammed U.S. markets and pushed the Dow Jones Industrial index down 22.6%. It marked the sharpest market downturn in the nation since the Great Depression. Take a look back at CBS News correspondent Ray Brady's report on one of the darkest days in financial history.
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