1929 Crash of Stock Market
 

Stock Market Crash

The stock market crash of 1929 was the worst stock market crash in the history of stock market crashes. The stock market crash of 1929 is also known as the Great Depression. There are many other stock market crashes in history. Some stock market crashes saw the Dow Jones dropped even more than the stock market crash of 1929.

The 1929 stock market crash began with the Black Thursday. On Black Monday, the start of the famous 1929 stock market crash, selling orders poured into the market so fast and from so many places that there was no way the stock market crash could be avoided.

In fact the signs leading to the 1929 stock market crash were all indicating that a stock market crash was imminent. The Great stock market crash composed of a series of stock market crashes spread over the last week of October.

On Wednesday October 23, 1929, the stock market opened calmly with some stocks rising at the beginning of the day. However, by the end of the day, heavy sell offs sent the stock market downwards. But the stock market crash was not there yet. That day, the Dow Jones dropped 20.66 points.

On Thursday October 24, 1929 or the Black Thursday, the stock market did not open so calmly like it did the previous day. 1.6 million shares changed hands in the first half hour on Wall Street stock market alone. The stock market kept spiralling downward. The stock market crash was at hand.

Below are some articles on the stock market crash of 1929.

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