The United States’ stock exchange was at the center of the 1929 crash known as the Wall Street Crash.
The name refers primarily to Wall Street in New York City, the financial district containing the New York Stock Exchange. The crash unfolded in October 1929 as heavy selling drove down U.S. share prices after a period of speculation and credit-fueled buying.
The consequences spread internationally through trade, banking, investment, and falling demand. In the United States, industrial production and employment later plunged, and the crash became a major marker of the Great Depression. Other countries also experienced financial stress, but the event’s name identifies its U.S. market center.
Wall Street is a location rather than a separate country or exchange. The New York Stock Exchange was the principal exchange involved, while London, Toronto, Berlin, and other markets were affected by the broader international downturn.