Associated Press Domestic News New York United States STOCK MARKET CRASH

STOCK MARKET CRASH

People gather on the sub-treasury building steps across from the New York Stock Exchange in New York on "Black Thursday," Oct. 24, 1929. Thousands of investors lost their savings in the worst stock market crash in Wall Street history on Oct. 29, 1929, after a five-day frenzy of heavy trading. Too much speculation with borrowed money had inflated market values unrealistically. Huge buying orders, hastily erected by powerful financial interest, finally checked the most frantic sell-off experienced by the securities markets. The Great Depression followed thereafter. (AP Photo)

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291024025
October 24, 1929 12:00:00 AM
September 27, 1999 12:05:00 PM
AP
ASSOCIATED PRESS
005272
;R25773;
3000 x 2223 1.47 MB
Financial crisis, Recessions and depressions, Economy, Business, Financial crisis, Financial markets
NEW YORK, NEW YORK, UNITED STATES
APHS005272
XAG SAV

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