
The S&P 500 closed 23.2% above its Black Monday close one year later.
On October 19, 1987, the index fell 20.5% to 224.84, its worst day on record.
On October 19, 1988, it closed at 276.97.
The 1987 sell-off took the S&P 500 down 33.5% from its August peak to its December bottom.
Here is how the index did one year after the worst October day of each crash.
1929 -21.5%
1987 +23.2%
2008 +20.8%
The 1929 crash ran far deeper, with an 86.2% drop from peak to bottom.
The index didn't get back to its 1929 peak until September 1954.
The 2008 crash cut it 56.8%, and it took until March 2013 to recover.
After 1987, the S&P 500 was back at its old high by July 1989.
Of the 3 crashes, 1987 was both the shallowest and the quickest to win back its peak.
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