Which U.S. exchange saw the 1929 crash’s “Black Thursday” on October 24?

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The New York Stock Exchange saw the 1929 crash’s “Black Thursday” on October 24.

The day began with heavy selling after years of speculation and rising share prices. Panic spread as investors rushed to sell, although a group of major bankers temporarily bought shares to support prices. That intervention did not end the crisis: further selling followed on Black Monday and Black Tuesday.

The crash occurred at the center of the U.S. financial system, but its effects spread internationally through trade, lending, and investment links. It helped turn an American market collapse into a major part of the Great Depression.

“Black Thursday” is sometimes confused with Black Tuesday, October 29, when the Dow Jones Industrial Average fell about 12%. The New York Stock Exchange was the venue for both episodes, while the Dow was the index commonly used to describe the market’s movement.

Source: Wikipedia · fact-checked Oct. 2026

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