Search results
Results From The WOW.Com Content Network
The Wall Street Crash of 1929, also known as the Great Crash, Crash of '29, or Black Tuesday, [1] was a major American stock market crash that occurred in late 1929. It began in September, when share prices on the New York Stock Exchange (NYSE) collapsed, and ended in mid-November.
The Stock Market Crash of 1929 occurred on October 29, 1929, when Wall Street investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were...
Stock market crash of 1929, a sharp decline in U.S. stock market values in 1929 that contributed to the Great Depression of the 1930s, which lasted approximately 10 years and affected both industrialized and nonindustrialized countries in many parts of the world.
On Monday, Oct. 28, 1929, panicked investor selling led to a nearly 13% loss in the Dow Jones Industrial Average. The stock market crash was followed by the Great Depression, which lasted until...
The stock market crash of 1929—considered the worst economic event in world history—began on Thursday, October 24, 1929, with skittish investors trading a record 12.9 million shares. On...
While New York’s actions protected commercial banks, the stock-market crash still harmed commerce and manufacturing. The crash frightened investors and consumers. Men and women lost their life savings, feared for their jobs, and worried whether they could pay their bills.
What do people tend to get wrong about the 1929 stock market crash? The great myth is that the stock market crash caused the Great Depression.
In October of 1929, the stock market crashed, wiping out billions of dollars of wealth and heralding the Great Depression. Known as Black Thursday, the crash was preceded by a period of...
Black Thursday, Thursday, October 24, 1929, the first day of the stock market crash of 1929, a catastrophic decline in the stock market of the United States that immediately preceded the worldwide Great Depression. That stock market crash (also called the Great Crash) is still considered the worst.
Stock Market Crash of 1929, Economic event in the U.S. that precipitated the Great Depression. The U.S. stock market expanded rapidly in the late 1920s and reached a peak in August 1929, when prices began to decline while speculation increased.