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New York Stock Exchange - 1997 Mini-Crash

Time: Monday Oct 27, 1997

Place: New York City, New York, U.S.

Details: Similarly, there was a panic in the financial world during the year 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the "circuit breaker" rule had operated.

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On This Day - 27 October

Napoleon Bonaparte
Napoleon-Treaty of Fontainebleau (October 1807)
Tuesday Oct 27, 1807 - Fontainebleau, France
Theodore Roosevelt
Theodore Roosevelt-Birth
Wednesday Oct 27, 1858 - New York, U.S.
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Great Depression-Brief recovery
Sunday Oct 27, 1929 - U.S.
Winston Churchill
Winston Churchill-October 1931 general election was a landslide victory for the Conservatives Churchill nearly doubled his majority in Epping
Tuesday Oct 27, 1931 - Epping, England, United Kingdom
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Great Depression-The United Kingdom General election 1931
Tuesday Oct 27, 1931 - London, England, United Kingdom

27 October 1997

1997 Asian financial crisis
1997 Asian financial crisis-Dow Jones industrial plunged 554 points or 7.2%
Monday Oct 27, 1997 - U.S.
1997 Asian financial crisis
1997 Asian financial crisis-27 October 1997 mini-crash
Monday Oct 27, 1997 - U.S.

October 1997

1997 Asian financial crisis
1997 Asian financial crisis-Hong Kong dollar, which had been pegged at 7.8 to the U.S. dollar since 1983, came under speculative pressure because Hong Kong's inflation rate had been significantly higher than the United States' for years
Oct, 1997 - Hong Kong
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Nintendo-Gunpei Yokoi Car Crash
Friday Oct 3, 1997 - Tokyo, Japan
Angelina Jolie
Angelina Jolie-Playing God
Friday Oct 17, 1997 - United States
1997 Asian financial crisis
1997 Asian financial crisis-Stock markets became more and more volatile
Monday Oct 20, 1997 - Hong Kong
1997 Asian financial crisis
1997 Asian financial crisis-Interest rates raised
Thursday Oct 23, 1997 - Hong Kong

1997

HTC Image
HTC-Foundation
1997 - Taoyuan City, Taiwan
Huawei logo - image
Huawei-A Contract to provide fixed-line network products
1997 - China
Kosovo War Image
Kosovo War-Large amount of arms
1997 - Kosovo
Flag of Christmas Island
Christmas Island-The Australian Indian Ocean Territories
1997 - Christmas Island
1997 Asian financial crisis
1997 Asian financial crisis-The Hanbo scandal
1997 - South Korea
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