10/19/2012 08:32 am ET

Computer Destruction Of Markets Began Exactly 25 Years Ago Today

It was just a quarter-century ago that Wall Street was shaken to its core by the Oct. 19, 1987, stock market crash.

On one day, the Dow Jones industrial average lost 23 percent of its value. People wondered if that heralded a new Depression. A front page headline in The New York Times asked, “Does 1987 Equal 1929?”

Read more on The New York Times