Even though President Trump touted the success of the stock market in his State of the Union speech on a day when the Dow Jones Industrial Average fell 363 points, his commentary didn't hurt a 'wounded' market, according to TheStreet's chief executive officer Dave Callaway.
The company is initiating a stock buyback program, will retire its preferred debt and has a new board member.
Thirty years ago on Monday, October 19, 1987 - Black Monday - the stock market tanked. The Dow Jones Industrial Average fell over 500 points - a 22% decline.
30 years later, we are looking back at what it was like to live through the tense moments of the Black Monday Crash.
TheStreet looks back at the 1987 Black Monday stock market crash, when the Dow Jones Industrial Average plummeted more than 500 points.