Birdwatch Note Rating
2025-04-07 03:16:28 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5F68F90CFFECB4589508A2E0616E50D104D2DE73FAC3023DC76F0FD9C8232BB3
Participant Details
Original Note:
The largest single day crash on the stock market is impossible to achieve due to a stop in trading after a 3rd circuit breaker at a 20% decline. On October 19, 1987 (Black Monday) the market declined 22.6%, this was before the 20% circuit breaker rule was put into place. https://www.investor.gov/introduction-investing/investing-basics/glossary/stock-market-circuit-breakers https://www.federalreservehistory.org/essays/stock-market-crash-of-1987
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