Results tagged “wallstreet”

Whether we like it or not, some of us will be in Toronto all summer, with nary a trip or vacation elsewhere in sight. As a remedy, we've created Tourist. Every weekend morning, bright and early, of the summer we're featuring a photo (or two) from a globe-trotting photographer in the Torontoist Flickr Pool.

Today marks the twentieth anniversary of Black Monday, the biggest one-day stock market plunge in history. On October 19, 1987, Bay Street was shocked to see all the key market indices plummet. The TSE 300 lost over 400 points as, in a frenzy of panicked selling, a record 77 million shares were desperately traded on the floor of the Toronto Stock Exchange. By day's end, hundreds of millions of dollars evaporated from share values, including $37 billion in Toronto alone.