Black Friday

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Related to Black Monday: Black Friday, Black Tuesday

Black Friday

1. Any day of major financial chaos or disaster; refers specifically to September 24, 1869, when stock speculators attempting to corner US gold trade caused the entire market to crash. The extremely fast growth in Wall Street has some economists worried that another Black Friday might be ahead if such growth continues unchecked.
2. The day after Thanksgiving in the US, on which extravagant sales create a frenzy of consumer activity in stores across the country. I hate working in retail on Black Friday—everyone acts like a crazy person!
See also: black, Friday

Black Friday

1. Also Black Monday, Black Tuesday, etc. A day of economic catastrophe, as in We feared there'd be another Black Friday. This usage dates from September 24, 1869, a Friday when stock manipulators Jay Gould and James Fisk tried to corner the gold market and caused its collapse. The adjective black has been appended to similar occasions ever since, including October 29, 1929, the Tuesday of the market collapse that marked the start of the Great Depression, and Black Monday of October 19, 1987, when the stock market experienced its greatest fall since the Great Depression.
2. Any day marked by great confusion or activity, as in It was just my luck to be traveling on Black Tuesday. This usage, too, is based on the events of 1869, marked by economic chaos. It has since been extended to other kinds of confusion, such as an accident hampering traffic during the evening rush hour.
See also: black, Friday
References in periodicals archive ?
Because our business is Black owned, being a major player on Black Monday is quite important to us," Franklin intimated.
On Black Monday, March 29, 1652, it was recorded in the Hart Village Parish records in relation to the burial of a John Pasmore, "There was a star appeared in the southeast, ye sun eclipsed.
Social networking sites have been supporting Hazare and some netizens have organised Black Monday on April 11.
In spread betting and financial trading in general, October 19th 1987 will be forever remembered as Black Monday - the day that the stock market fell by 23% in just 24 hours.
JANUARY 2008: On Black Monday pounds 77 billion was wiped off the Stock Exchange as the global economy crashed.
SoroshelpedwreckthelastTory government when his betting on the financial markets forced the pound out of Europe's exchangerate mechanism in 1992 and caused Black Monday.
Two days later, on Black Monday, the inaugural Champion Hurdle winner Blaris defied 12st 7lb in a handicap chase at Nottingham.
8 percent, the most since Black Monday (October 19, 1987).
Developed by Sony Computer Entertainment Europe's Team Soho, The Getaway: Black Monday fuses gaming and cinema into one medium, providing players with an exciting, in-depth, interactive entertainment experience, as gamers make "moral choices" in the gangland thriller that will determine their path through the story, concluding with one of the multiple endings.
HERE'S you chance to win the top new driving game: The Getaway - Black Monday.
But Jim Powell's new book, FDR'S Folly: How Roosevelt and His New Deal Prolonged the Great Depression (Crown Forum), promises to send FDR's inflated reputation crashing like a stock on Black Monday.
Shortly before Black Monday, a lot had been made of the supposedly brittle foundation of the stock markets and the American economy.
Black Monday in 1987 is as significant to them as the Great Depression.
17, Russia's Black Monday, will earn a place in the country's history books as the start of the worst financial crash of the post-Soviet era, a Russian Great Depression that promises to get worse before it gets better.