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 ?
The cost of this 'intrusion' must have contributed to the Wall Street crash of 1929 and spawned the consequent world depression and the rise of fascism and World War Two.
In the case of the Wall Street Crash of 1929, a well-known quote attributed to John D.
The Cavendon Women is the unabridged audiobook adaptation of a dramatic novel following two families, the Inghams and the Swanns, from weekend gathering in the summer of 1926 to the horrendous economic devastation of the Wall Street crash of 1929.
This was the pattern in the Wall Street crash of 1929, the Tokyo stock market crash of 1990 and the worldwide crisis of 2008.
Tippin observed that historical accounts of the Great Depression tend to minimize Florida's fiscal devastation, as well as overlook the fact that the Great Depression came to Florida two full years before the shattering Wall Street crash of 1929.
Actually, the Wall Street crash of 1929 did not curb America's robust appetite for movies.
The Wall Street crash of 1929 occurred in October and no doubt there were lesser, but still noteworthy, incidents throughout the intervening Octobers.
30, 1929, one day after the Wall Street Crash of 1929.
After that, the dominoes destroyed the stock market, harking back to the Wall Street Crash of 1929, before showing the Berlin Wall fall, and London's Tower Bridge, with blue tiles symbolising the River Thames moving back and forth.
He committed suicide after losing his fortune in the Wall Street Crash of 1929.
The worst period was from the Wall Street Crash of 1929 to about 1932, but in places such as Jarrow, the unemployment rate hardly dipped below 50% until the economy was mobilised in 1940.
By the late 1880s Royal Worcester was home to more than 700 workers, and by the 20th century it became extremely popular in the USA, although the Wall Street crash of 1929 saw falling demand for luxury items and Royal Worcester narrowly escaped closure in the early 1930s.