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On October 28, "Black Monday", [18] more investors facing margin calls decided to get out of the market, and the slide continued with a record loss in the Dow for the day of 38.33 points, or 12.82%. [19] On October 29, 1929, "Black Tuesday" hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day ...
However, on Tuesday, November 28, 1939, a meteorological temperature inversion trapped emissions from coal burning close to the ground, resulting in "the day the sun didn't shine". [7] A cloud of thick black smoke enveloped St. Louis, far worse than any previously seen in the city. The day came to be known as "Black Tuesday".
October 29: 'Black Tuesday'. The New York Stock Exchange collapses, the Dow Jones closing down over 12%. October 30: one day recovery November 1: The Federal Reserve begins lowering the discount rate from its 6% level. November 13: The stock market bottoms out at 198.60, followed by a bear market that would last until April 1930. Commodity ...
Ted Weisberg and Chris Hogan reflect on the start of the Great Depression 90 years ago and where the U.S. economy currently stands.
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Black citizens fought for justice and were met with violence. They persevered.
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 ]
Per Parry, Negro History Week started during a time when Black history was being "misrepresented and demoralized" by white scholars who promoted ideas like the Lost Cause or the Plantation Myth ...