What was the 1962 U.S. stock-market sell-off commonly called?

The 1962 U.S. stock-market sell-off was commonly called the Kennedy Slide.

The Kennedy Slide took place during the first half of 1962, when major American share indexes fell sharply. The Dow Jones Industrial Average declined about 26.5% from its late-1961 high to its June 1962 low. The episode was one of the most significant U.S. market declines between the 1929 crash and the bear market of 1973–74.

The decline reflected concerns about economic growth, corporate earnings, inflation, and international tensions. President John F. Kennedy’s administration was also involved in a dispute with the steel industry, which unsettled investors after major steel companies raised prices despite government pressure.

The name can be misleading because Kennedy did not cause a single-day crash. It refers to a broad market slide during his presidency, and the Dow later recovered as economic and investor conditions improved.