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The Stock Market Crash of 1929 ushered in the Great Depression, as some 16 million shares were traded on Black Tuesday, Oct. 29, 1929, wiping out many investors.
The Wall Street crash of 1929, also known as the Great Crash or Crash of '29, was a major stock market crash in the United States in late 1929. It began in late October with a sharp decline in share prices on the New York Stock Exchange (NYSE) and ended in mid-November.
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. The Great Depression lasted approximately 10 years and affected both industrialized and nonindustrialized countries in many parts of the world.
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.
The stock market crash of 1929 began on "Black Monday," Oct. 28, 1929, when panicked investors sent the DJIA plunging nearly 13% in heavy trading. The 1929 crash followed a decade of economic...
The stock market crash of 1929—considered the worst economic event in world history—began on "Black Thursday," October 24, 1929, with skittish investors trading a record 12.9 million shares.
The stock market crash of 1929 was a collapse of stock prices that began on October 24, 1929. By October 29, 1929, the Dow Jones Industrial Average had dropped by 30.57%, marking one of the worst declines in U.S. history.
In retrospect, the Wall Street crashes of late October 1929 — now known as Black Thursday, Black Monday and Black Tuesday — have often been seen as the beginning of what would become the Great...
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.
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.