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Crowd gathering on Wall Street after the 1929 crash. The Wall Street crash of 1929, also known as the Great Crash, was a major stock market crash in the United States which began in late October 1929 with a sharp decline in prices on the New York Stock Exchange (NYSE) and ended in mid-November.
October 24–29 – Wall Street Crash of 1929: Three multi-digit percentage drops wipe out more than $30 billion from the New York Stock Exchange (10 times greater than the annual budget of the federal government). October 24 – The Mount Hope Bridge, connecting Portsmouth to Bristol in Rhode Island, opens to traffic.
The major event of the year for the United States was the stock market crash on Wall Street, which was to have international effects and be widely regarded as the inciting incident of the Great Depression. On September 3, the Dow Jones Industrial Average (DJIA) peaked at 381.17, a height it would not reach again until November 1954.
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 ...
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 ...
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Nothing is more appealing to stock market investors than the idea that they can predict the future. Recently, several market analysts have argued that the Dow Jones Industrials is setting itself ...