On what date did the Dow Jones bottom after the 1929 crash?

The Dow Jones bottomed on July 8, 1932, after the 1929 stock-market crash. On that date, the Dow Jones Industrial Average reached an intraday low of 40.56, marking the trough of the crash-era decline.

The fall had begun after the Dow peaked in September 1929 and accelerated during the October panic. Black Thursday, October 24, and Black Tuesday, October 29, are the best-known episodes, but the market continued weakening for years as bank failures, deflation, unemployment, and collapsing business activity deepened the Great Depression.

The July 1932 low represented a loss of almost 89 percent from the Dow’s 1929 peak. The index began recovering soon afterward, although the rebound was uneven and the broader Depression continued. The Dow did not regain its 1929 closing high until 1954, more than two decades later.

Some references distinguish an intraday low from a closing low. The July 8 date is commonly given for the Dow’s lowest point, while historical tables may separately record the day’s closing level. That technical distinction does not change the standard quiz answer.