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October 24, 1929 1929 Stock Market Crash
96 years ago today, on October 24, 1929 (September 22, 1929), the US stock market suffered a "Black Thursday". The sign in the stock market crash chart reads: "$100 can buy this car, lost everything in the stock market, in need of cash." On October 19, 1929, there was a wave of stock selling in the New York market, and stock prices fell sharply. By October 24 (Thursday), financial instability was caused by rumors all over the country, and people were terrified. Frightened investors ordered their brokers to sell stocks, causing the US stock market to crash. This day is called "Black Thursday". It is difficult to estimate its specific losses. At current prices, 13 million shares changed hands, and many were almost given away for free, amounting to billions of dollars. Exchange brokers have never experienced this before. They just hope it doesn't happen again. They can't keep up with the rapidly changing conditions in the stock market, only the trading machines are overwhelmed. A similar situation occurs on major exchanges and stock markets such as Wall Street and Chicago. Wall Street watches anxiously as the financial world on Wall Street moves


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