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August 1, 2025
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oct 24, 1929 - The New York Stock Exchange Crashes

Description:

During the 20s, The Dow Jones Industrial Stock Index had continued its upward move , and coupled with height speculative activities, it gave an illusion that the bull market of 20s would last forever.On October 24th 1929, the inevitable comes to pass, and the New York Stock Exchange takes its largest recorded plunge. The Roaring Twenties come to a roaring halt. The events in the United States soon became a massive depression in pre-Entente and pro-Entente nations, later called the Great Depression, that put millions of people out of work across the pre-Entente and pro-Entente nations throughout the 1930s. Only the pre-Central Powers, Mitteleurpa nations, China and Soviets didn't suffer, cause their trade are most in Berlin Stock Exchange or they are not in any Exchanges.

Added to timeline:

Date:

oct 24, 1929
Now
~ 95 years ago