Which 1929 trading day became the most famous symbol of the Wall Street Crash?

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The 1929 trading day that became the most famous symbol of the Wall Street Crash was Black Tuesday.

Black Tuesday was October 29, 1929, when panic selling overwhelmed the New York Stock Exchange. About 16 million shares changed hands, setting a trading-volume record that stood for decades. The Dow Jones Industrial Average fell sharply, following major losses on Black Thursday and Black Monday.

The crash did not by itself cause every problem of the Great Depression, but it destroyed wealth, damaged confidence, and worsened financial stress. Bank failures, falling prices, reduced investment, and declining industrial production followed in the early 1930s. The wider economic downturn was international, although its timing and severity differed among countries.

Black Tuesday is sometimes treated as the entire crash, but the market’s decline continued after October 1929. The Dow eventually reached a much lower point in 1932. Thus, the date names a pivotal panic session rather than the complete duration of the bear market.

Source: Wikipedia · fact-checked Oct. 2026

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