Black Tuesday


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Black Tuesday

The date of the third large stock market crash that presaged the Great Depression. While the Great Depression had already begun in some areas, Black Tuesday confirmed fears felt by investors that the end of the speculative bubble that had marked most investing in the 1920s had arrived. Black Tuesday occurred on October 29, 1929; on this day, the Dow Jones Industrial Average lost nearly 12% of its value after having lost almost 13% the previous day on Black Monday. The Great Depression contributed to the formation of most regulation still in force today. See also: Black Thursday.

Black Tuesday

A widely used reference to October 29, 1929, the date of the greatest frenzy on the New York Stock Exchange during the Great Crash. Security prices plunged, volume surged to more than 16 million shares, and the ticker tape ran hours behind trading on the floor.
References in periodicals archive ?
Several 'black' financial days have hit stock markets since, including Black Tuesday on October 29, 1929, which triggered America's Great Depression, and Black Monday, on October 19, 1987, when the Dow Jones index fell by more than 22%.
King and the Three Bears can repay the loans and undo much of Ashley's dealings on yesterday's Black Tuesday for fans but a long-term equity solution still requires 75 per cent shareholder approval to open up the club stock base to new investors.
And, worse, each sticker - the source of actual joy on that first morning - had become so devalued, I was facing the reward chart equivalent of Black Tuesday.
They are on her list of favorites alongside Le Sacre du Printemps (The Rehearsal), Aureole, Black Tuesday, and Brief Encounters.
For beer fanatics, near Anaheim CA Black Tuesday, a caramel-rich barrel-aged stout with enough kick to blot out the SoCal sun, gets its own release party at the Bruery on the last Tuesday of October.
On a Black Tuesday in Syria, two hundred people died, half of whom in a massacre which targeted the students of Aleppo University.
We have come a long way from that black referendum on Black Tuesday in 2005 when the ruling regime tailored article 76 regulating presidential elections and candidacy criteria to Egypt's heir apparent, and those who protested were beaten and some even detained.
Black Tuesday over Namsi; a true history of the epic air battle of the Korean war.
The Obama campaign, which rose in the polls due to Mr McCain's mishandling of the economic crisis, is running the infomercial on the 79th anniversary of Black Tuesday, the start of the Great Depression.
Our civilization survived WWI, the Roaring 20s and, with the coming of Black Tuesday in 1929, a decade-long struggle with economic depression and crime.
Then came Black Tuesday, down went Herbert Hoover and along came Franklin Roosevelt and the country's first substantive financial regulation, a desperate attempt to instill public confidence in public companies and stock markets.
From Black Tuesday and the Great Escape to last year's promotion and this season's double date with the Millennium Stadium, O'Leary has lived and breathed it all.