On what date did the New York Stock Exchange suffer the 1929 crash known as Black Tuesday?
Answer
October 29, 1929
Answer
October 29, 1929
The New York Stock Exchange suffered the 1929 crash known as Black Tuesday on October 29, 1929.
Black Tuesday followed Black Thursday on October 24 and Black Monday on October 28. On October 29, investors traded roughly 16 million shares, then an extraordinary volume for the exchange, while prices fell sharply. The selling reflected excessive speculation, purchases made on margin, weakening economic conditions, and growing fear among investors.
The crash did not by itself create the entire Great Depression, but it became its most famous financial symbol. Banks, businesses, and households were affected as asset values collapsed and confidence deteriorated. The Dow Jones Industrial Average continued falling after October 29 and eventually reached its low in 1932.
A common mix-up is treating Black Tuesday as the only crash day. It was the most famous day in a series of severe October 1929 sessions, not the beginning or end of the entire market decline.
Source: Wikipedia · fact-checked Oct. 2026