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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.
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July 8: The Dow Jones Industrial Index bottoms out at 41.22, the lowest level recorded in the 20th century and representing an 89% loss from its peak in September 1929. July 31: The German federal election, July 1932 is held, and the Nazi Party, led by Adolf Hitler, becomes the largest party in the Reichstag (but lacks a majority). For the ...
The Dow Jones Industrial Average gave investors a heart-stopping The Crash of 1929 began in early September. It made its presence felt beyond doubt on two wrenching days at the end of October.
It takes 25 years for the Dow to regain its September 1929 high of 381 points. 1930 - Dow Jones becomes incorporated and the comma in the name is dropped. March 12, 1956 - The Dow closes at 500.24 ...
The Dow Jones Industrial Average was six months away from an all-time high that wouldn't be matched again for a generation when the trading of Mar. 26, 1929 revealed a dangerous frothiness.
After the Wall Street crash of 1929, when the Dow Jones Industrial Average dropped from 381 to 198 over the course of two months, optimism persisted for some time. The stock market rose in early 1930, with the Dow returning to 294 (pre-depression levels) in April 1930, before steadily declining for years, to a low of 41 in 1932.
That day, the Dow Jones Industrial Average fell Oct. 28, 1929, the original Black Monday, is one of two days most identified with the Great Crash that wiped out a generation of stock market gains.