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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 the autumn of 1929. It began in September, when share prices on the New York Stock Exchange (NYSE) collapsed, and ended in mid-November. The pivotal role of the 1920s' high-flying bull ...
The Great Crash, 1929. The Great Crash, 1929 is a book written by John Kenneth Galbraith and published in 1955. It is an economic history of the lead-up to the Wall Street Crash of 1929. The book argues that the 1929 stock market crash was precipitated by rampant speculation in the stock market, that the common denominator of all speculative ...
The Wall Street Crash of 1929 is often cited as the beginning of the Great Depression. It began on October 24, 1929, and kept going down until March 1933. It was the longest and most devastating stock market crash in the history of the United States. Much of the stock market crash can be attributed to exuberance and false expectations.
2010 flash crash. The May 6, 2010, flash crash, [ 1][ 2][ 3] also known as the crash of 2:45 or simply the flash crash, was a United States trillion-dollar [ 4] flash crash (a type of stock market crash) which started at 2:32 p.m. EDT and lasted for approximately 36 minutes. [ 5]
The 1973–1974 stock market crash caused a bear market between January 1973 and December 1974. Affecting all the major stock markets in the world, particularly the United Kingdom, [ 1] it was one of the worst stock market downturns since the Great Depression, the other being the financial crisis of 2007–2008. [ 2]
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was the global, severe and largely unexpected [ 1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [ 2] The severity of the crash sparked fears of extended economic instability [ 3] or even a ...
Most analysts believe the market in 1928–29 was a "bubble" with prices far higher than justified by fundamentals. Economists agree that somehow it shared some blame, but how much no one has estimated. Milton Friedman concluded, "I don't doubt for a moment that the collapse of the stock market in 1929 played a role in the initial recession". [76]
In 1602, the Dutch East India Co. established the Amsterdam Bourse, now recognized as the world's oldest stock exchange. However, it wasn't until 1720 that the first recorded stock market crash ...