Which U.S. stock-market crash in 1962 is also called the Kennedy Slide?

The Kennedy Slide of 1962 was the sharp U.S. stock-market decline named after President John F. Kennedy.

The slide occurred during a broader bear market from December 1961 through June 1962. The Dow Jones Industrial Average fell about 27% from its peak, with especially intense selling in May and June. Investors worried about slowing growth, corporate earnings, and the direction of economic policy.

The name also reflects a dispute between the Kennedy administration and the steel industry. After major steel companies raised prices despite a negotiated settlement, the administration publicly criticized them, unsettling investors and business leaders.

The episode is not the same as the 1968–1970 bear market. It is remembered as a relatively short but severe correction during the early 1960s, and its nickname links market anxiety to a highly public political and corporate confrontation.