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The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
The tax suit would only be settled by the executors of his estate, because Arthur Cutten, his fortune vastly depleted by the stock market crash and the cost of lawyers to defend him from the government lawsuits, died in Chicago of a heart attack a few weeks short of his sixty-sixth birthday. His body was brought back to his Canadian birthplace ...
The Wall Street Crash of 1929. Perhaps the most well-known stock market crash in history, the Crash of 1929 was the worst, and longest-lived crash we've had. From September 1929 through July 1932 ...
I've been in the Library of Congress lately reading financial newspapers from the week of the October, 1929 stock market crash that ultimately crushed the Dow Jones by nearly 90%. Last week, I ...
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Charles Edwin Mitchell (October 6, 1877 – December 14, 1955) was an American banker whose incautious securities policies facilitated the speculation which led to the Crash of 1929. First National City Bank's (now Citibank) controversial activities under his leadership were a major contributing factor in the passage of the Glass-Steagall Act.
Stock market trading returned to a manageable volume of 6.1 million shares. The Dow Jones Industrial Average fell 5.79%, snuffing the brief rally that followed the crash, as an expected buying frenzy failed to materialize. [13] [14] The Civic Opera Building opened in Chicago. Died: Mary Solari, 80, Italian-American artist