Oct. 24, 1929
The crash began on Oct. 24, 1929, known as “Black Thursday,” when the market opened 11% lower than the previous day’s close.

What was the date of Black Tuesday?

Oct 24, 1929 – Nov 13, 1929
Wall Street Crash of 1929/Date

How much money was lost in the stock market on Black Tuesday?

The situation worsened yet again on the infamous Black Tuesday, October 29, 1929, when more than 16 million stocks were traded. The stock market ultimately lost $14 billion that day.

What was the impact of Black Tuesday?

The market crash ended the period of economic growth and prosperity and led to the Great Depression. Black Tuesday triggered a chain of catastrophic macroeconomic events in the US and Europe, which included mass bankruptcies and unemployment, and dramatic declines in production and money supply.

What year and month did the stock market crash?

The Wall Street Crash of 1929, also known as Black Tuesday (October 29), the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929 (“Black Thursday”), and 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 after effects.

What was the effect of the stock market crash in 1929?

Effects of the 1929 Stock Market Crash: The Great Depression On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors.

When did the Wall Street Crash of 1929 happen?

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 that occurred in late October 1929.

What was the result of Black Tuesday in 1929?

In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time. What Caused the 1929 Stock Market Crash?