Which 1962 U.S. stock-market crash is known by a nickname linked to President John F. Kennedy?

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The 1962 U.S. stock-market crash known by a nickname linked to President John F. Kennedy was the Kennedy Slide of 1962.

The sell-off ran from December 1961 into June 1962 and ended a strong bull market. The Dow Jones Industrial Average fell about 27 percent from its high to its low. The event received its nickname because it occurred during Kennedy's presidency, not because the president personally caused the market decline.

Important background included concerns about economic growth, corporate profits, inflation, and the Federal Reserve's monetary policy. A major factor was the market's reassessment of highly valued growth companies, particularly after the sharp collapse of Texas Instruments in April 1962.

The Kennedy Slide is sometimes grouped with other early-1960s market troubles, but it was not the same event as the 1969–1970 bear market. Its recovery was relatively swift compared with the prolonged collapses associated with the Great Depression or the dot-com bust.

Source: Wikipedia · fact-checked Oct. 2026

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