Which 1962 U.S. stock-market sell-off became known as the Kennedy Slide?
Answer
Kennedy Slide
Answer
Kennedy Slide
The Kennedy Slide was the 1962 U.S. stock-market sell-off named after President John F. Kennedy.
The decline ran from December 1961 to June 1962 and followed a major rise in stock prices during the late 1950s and early 1960s. Concerns about economic growth, corporate profits, inflation, and the Cold War contributed to investor uncertainty.
The Dow Jones Industrial Average fell about 26% from its peak to its June low. The slide was not a single-day collapse like some famous Wall Street crashes; it was a prolonged market decline.
The name reflects the period in which Kennedy was president, not a claim that he personally caused the fall. The episode is also called the 1962 stock market crash or the Great Crash of 1962 in some references.
Source: Wikipedia · fact-checked Oct. 2026