Similarly, there was a panic within the monetary world during the yr of 1997; the Asian Financial Crisis. Like the fall of many international markets, the Dow suffered a 7.18{2d035d5f5e3d9777664adaa2f27f47318f0d285e8ce18c3af744c7f8f28e3b6c} drop in value (554.26 factors) on October 27, 1997, in what later turned often known as the 1997 Mini-Crash but from which the DJIA recovered rapidly. This was the first time that the “circuit breaker” rule had operated.
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