Black Thursday

Market collapse date

Black Thursday refers to October 24, 1929, the day the U.S. stock market began its catastrophic collapse, triggering the Great Depression.

Panic selling sent share prices into freefall.

The crash continued through the following week, with Black Tuesday (October 29) marking the worst single day.

The term now applies to any dramatic market crash: The sell-off was Wall Street's worst Black Thursday since 2008.

Related

finance · Great Depression · collapse · interwar period · catastrophe · harbinger · ticker tape · stock · market crash · margin call · financial panic · economic collapse · capitalism · economic policy · bank run · bank failure · hyperinflation · economic instability

Opposites
market direction/economic event type

Black Thursdaybull market

Period of rising prices

market rally · rally · bull run · all-time high · buying frenzy

economic era symbolism

Black ThursdayRoaring Twenties

Prosperous 1920s era

Gilded Age · post-war boom · economic miracle

economic cycle phase

Black Thursdayeconomic boom

Sustained period of growth

economic recovery · prosperity · post-war boom · economic expansion · soft landing

Family

black, Thursday, blacker, blackest, blacken, blackened, blackening, blackness, blackish

Familiarity
Top 500,000
Profile
Mostly American · Timeless · Negative · Rated G