In the Wall Street Crash of 1929, what was the name of the U.S. stock exchange at the center of the panic?

The New York Stock Exchange was the U.S. stock exchange at the center of the Wall Street Crash of 1929.

The exchange, located on Wall Street in New York City, was the principal marketplace for major American companies during the 1920s. As share prices rose rapidly, many people bought stocks with borrowed money, a practice known as buying on margin. That made the market vulnerable when prices began to fall.

In late October 1929, enormous numbers of sell orders overwhelmed the exchange’s trading systems and human operators. The resulting losses destroyed wealth and weakened confidence in banks and companies. Although the NYSE was the focus of the crash, the economic consequences spread internationally through trade, lending, and investment connections.

The American Stock Exchange and regional exchanges also existed, but they were not the exchange most closely identified with the 1929 collapse. The NYSE remains one of the world’s largest stock exchanges and is still associated with the historic Wall Street market district.