Black Tuesday

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DEFINITION of 'Black Tuesday'

October 29, 1929, when the DJIA fell 12% - one of the largest one-day drops in stock market history. More than 16 million shares were traded in a panic selloff.

BREAKING DOWN 'Black Tuesday'

By many, Black Tuesday is considered the end of the Roaring '20s and the start of the Great Depression.

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RELATED FAQS
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    On February 27, 2007, the Chinese stock market suffered a correction, causing choppy markets all over the world. The Shanghai ... Read Full Answer >>
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    By definition, capitulation means to surrender or give up. In financial circles, this term is used to indicate the point ... Read Full Answer >>
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    Some penny stocks, those using the definition of trading for less than $5 per share, are traded on regular exchanges such ... Read Full Answer >>
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    The stock market reacts to changes in the federal funds rate in various ways depending on where it is in the business cycle. ... Read Full Answer >>
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