Which 1929 U.S. stock-market crash included the trading panic known as Black Tuesday?

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The 1929 U.S. stock-market crash that included the trading panic known as Black Tuesday was the Wall Street Crash of 1929.

The crash unfolded in October 1929 after years of rapidly rising share prices, widespread speculation, and extensive use of borrowed money. Black Thursday came on October 24, followed by a brief recovery attempt. Black Monday arrived on October 28, and Black Tuesday on October 29 brought another huge wave of selling. More than 16 million shares changed hands on Black Tuesday, a record at the time.

The crash did not single-handedly cause the Great Depression, but it severely damaged confidence and helped expose weaknesses in banks, businesses, and household finances. U.S. stock prices continued falling until 1932.

A common mix-up is treating Black Tuesday as the entire crash. Black Tuesday was its most famous day, while the broader event is called the Wall Street Crash of 1929.

Source: Wikipedia · fact-checked Oct. 2026

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