14 Terrible Things That Have Happened on Friday the 13th
The stock market experienced a “mini-crash” in 1989.
After the buyout of United Airlines fell through on October 13, 1989, the ripples were felt throughout the stock market, specifically the junk bond market.
According to CNBC, this resulted in a seven percent sell-off in the Dow, and the S&P 500 lost six percent. Essentially, a lot of people lost a lot of money.