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 ?
4 THE WOMAN IN BLACK Tuesday, Film4, 2.10am SOLICITOR Arthur Kipps (Daniel Radcliffe, left) is dispatched to a remote village to attend to the papers of the late owner of Eel Marsh House, despite warnings from the locals.
4 THE WOMAN IN BLACK Tuesday, Film4, 2.10am SOLICITOR Arthur Kipps (Daniel Radcliffe, left) dispatched to a remote village to attend to the papers of the late owner of Eel Marsh House, despite warnings from the locals.
When asked about the probability of a crash similar to that on Black Tuesday (October 29, 1929) or Black Monday (October 19, 1987) occurring in the next six months, the median response was a probability of 10 per cent.
Black Tuesday and the Great Depression (Uncovering the Past: Analyzing Primary Sources)
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%.
More government websites were reportedly hacked on Wednesday in continuation of online protests dubbed "Black Tuesday" to pressure the government, specifically the Supreme Court, to repeal the online libel clause in the new Cybercrime Law.
They are on her list of favorites alongside Le Sacre du Printemps (The Rehearsal), Aureole, Black Tuesday, and Brief Encounters.
"It occurs to me that more astronomers must have wasted more time on Black Tuesday than on any other single day--all because one erroneous report was 'leaked' to the scientific community before it was confirmed.
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.
THREE managers lost their jobs this week on what has become known as the Carling Premiership's 'Black Tuesday', but Gary Hamilton wasn't to be put off one little bit.
Black Tuesday over Namsi; a true history of the epic air battle of the Korean war.
(And then followed by "Cyber Monday.") This is counter to the start of the Great Depressions use of the term 'Black Tuesday,' which signaled the crash of the stock market that sent the economy into a tailspin."