The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed.
It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called Black Thursday, the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called Black Tuesday, when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression.
Black Monday refers to specific Mondays when undesirable or turbulent events have occurred. It has been used to designate massacres, military battles, and stock market crashes.
1929Oct, 28
Black Monday, a day in the Wall Street Crash of 1929, which also saw major stock market upheaval.
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Events on 1929
- 31Jan
Leon Trotsky
The Soviet Union exiles Leon Trotsky. - 26Feb
Grand Teton National Park
President Calvin Coolidge signs an executive order establishing the 96,000 acre Grand Teton National Park in Wyoming. - 8Apr
Bhagat Singh
Indian independence movement: At the Delhi Central Assembly, Bhagat Singh and Batukeshwar Dutt throw handouts and bombs to court arrest. - 21Jun
Cristero War
An agreement brokered by U.S. Ambassador Dwight Whitney Morrow ends the Cristero War in Mexico. - 23Aug
1929 Palestine riots
Hebron Massacre during the 1929 Palestine riots: Arab attack on the Jewish community in Hebron in the British Mandate of Palestine, continuing until the next day, resulted in the death of 65-68 Jews and the remaining Jews being forced to leave the city.