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Today. Pen ~ fun ~ pavilion www.biquge.info

The New York Stock Exchange was cloudy, the atmosphere was extremely tense, prices were moving so fast, there were not enough telephones, and the prices on the phosphor screens simply did not keep up with the actual prices in the market - one trader said that his fluorescent screen showed that the Dow Jones Industrial Average was down 3.78 points, when in fact it was 508 points.

Normally, the trading volume is around 100 million shares a day, but today it is 600 million shares.

About 28 percent of the orders were not executed due to the lag in the computer system, including 92 million limit orders - many investors, especially small and medium-sized investors, did not know until two or three days later that their shares had not been sold at all.

In addition, the U.S. government bond market is also in turmoil due to changes in stock prices......

At the moment when the New York Stock Exchange closed, Xu Cun and others in the trading room of the office building of Xiangjiang Shiao Manor were all sweating profusely, even though this trading room was equipped with the best air conditioning in the world!

Among them, Americans such as George W. Bush, Bill Francis Adams, John F. Kennedy Jr., Howard Roosevelt, and John Reed are the most!

The market froze for a while, and Bush Jr., Bill Francis Adams, John F. Kennedy Jr., Howard Roosevelt, and John Reed looked at each other.

In the end, it was John Reed, the eldest, who picked up the phone in the middle of the trading room and called back to the United States, asking about the results they were most concerned about.

After the phone was answered, John Reed listened to only a few words before hanging up.

John Reed then looked at the crowd: "The computer system of the New York Stock Exchange is almost paralyzed, so we will have to wait a while to know the result." ”

After listening to John Reed's words, everyone turned to the broader market - the "Black Monday" of the New York Stock Exchange is over, but the "Black Monday" of other regional exchanges is still raging.

At this moment, exchanges in Australia, France, Germany, Sweden, Italy, and the Netherlands are all under the black horror of "Black Monday".

The reason why exchanges in Japan, Xiangjiang, Singapore and other places have not been shrouded in the black terror of "Black Monday" is not because several places have not been affected, but because due to the time difference, the exchanges in Japan, Hong Kong and Singapore have not yet opened.

After watching the stock prices of exchanges in Australia, France, Germany, Sweden, Italy, and the Netherlands plummet, Bush Jr. and others, who were anxious, motioned John Reid to pick up the phone in the middle of the trading room and call back to the United States, asking about the results they were most concerned about.

After listening to what was said on the other end of the phone for a long time, John Reed hung up the phone with a slightly trembling hand.

After calming down, John Reed said: "Of the 1,600 stocks listed on the New York Stock Exchange, only 52 stocks rose, and the rest all fell. Of those, 1,192 stocks fell to their lowest levels in 52 weeks, and many of the most representative blue-chip stocks were also on the move. Stocks of almost all major companies fell sharply by about 30 percent, with General Electric down 33.1 percent, Telegraph and Telephone Company down 29.5 percent, Coca-Cola down 36.5 percent, Westinghouse down 45.8 percent, Amex down 38.8 percent, and Boeing down 29.9 percent. ”

From the second half of the 50s to the first half of the 70s, due to the rapid economic development of the United States, profound changes took place in the industrial structure, and large companies and enterprises implemented diversified operations across industries, and production and capital were further concentrated, which accelerated the development of mixed conglomerates. The various consortia have penetrated each other, and the relationship between them is intricate, I have you, you have me, and the boundaries of the consortia are becoming more and more blurred.

As a result, large corporations such as General Electric, Telegraph and Telephone, and Coca-Cola all have varying amounts of shares, so John Reed only describes the decline in the stock prices of these companies.

The people here are all the best of the best, and when they heard John Reed say that the representative blue chips have fallen so much, how can the companies they choose with hidden dangers be good?

No one spoke, but there was an unconcealed look of ecstasy in everyone's eyes, including Xu Cun!

News organizations, due to the influence of computers, reported the closing price of the stock market five and a half hours after the market closed.

"Everything is out of control!" The New York Times reported.

The number of investors who lost so much today can be said to be innumerable -- Sam Walton, the world's nominally richest man, lost $2.1 billion in stock value in one day, Bill Gates, the world's youngest billionaire in name, lost $3945 million, and computer tycoon Wang An lost $31 million this afternoon alone. Many millionaires have been reduced to poverty overnight, and the hardest suffered are those investors who have invested their hard-earned money in stocks over the years. Shaken by the collapse of stock prices, the psychology of shareholders has become extremely fragile. Many people who were overwhelmed by the collapse of the stock market had a complete mental breakdown and committed suicide. Banks go bankrupt, factories close, companies lay off a lot of workers, and people are panicking!

However,

The tragedy of Black Monday is not limited to the United States!

Due to the development of information technology, financial transactions around the world are closely linked.

There are many, many good and good sides to this.

However, the accelerated pace of financial integration has also had some negative effects - as a result of the development of global financial integration, when one stock market plummets, other stock markets are not immune.

Today, the opening gong of the Tokyo Stock Exchange was not over, and stock prices plummeted - the Nikkei 225 index fell by 620 points, or 14.9 percent;

Singapore's Straits Times Index fell 169 points, or 12.4 per cent.

Australia's price index for all common stocks fell 80 points, or 3.7 per cent;

The FTSE30 index fell 183.7 points, or 10.1 percent, and the FTSE100 index fell 249.6 points, to 2,053.3 points, with investors losing £50 billion.

In addition, the stock markets of Paris, Frankfurt, Stockholm, Milan, Amsterdam and other countries all fell by 6 to 11 percent to varying degrees, forming a shock wave of stock markets around the world.

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