Is Monday black?
The term Cyber Monday refers to the Monday immediately following Black Friday, the kick-off of the holiday online shopping season.
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About Black Monday
Black Monday is the day when stock markets all around the world crashed on October 19, 1987. The Dow Jones dropped 508 points to 1738.74 (22.61%).
About Cyber Monday
Cyber Monday is the first Monday after Thanksgiving, and the biggest online shopping day of the year. The term Cyber Monday was coined in 2005 by the National Retail Federation when in 2004, 77 percent of online retailers reported a significant increase in sales on the Monday after Thanksgiving. In 2009, comScore reported $887 million in online sales on Cyber Monday.
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