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Articles tagged with: NYSE

Stock Market Crashes »

Posted on 14 Mar 2013 | 3,203 views
Wall Street Sell-Off Continues as Dow Plunges 520 Points on August 10, 2011

Fear returned to Wall Street on Wednesday August 10, 2011 — sending the S&P 500 to another 4 percent decline, triggered by worries that Europe’s debt crisis could engulf French banks and spill onto the U.S. financial sector.

Crash of 1929 »

Posted on 7 Mar 2013 | 8,054 views
New York Stock Exchange DJIA Stocks on October 29 1929

The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite caution of the dangers of speculation, many believed that the market could sustain high price levels. Shortly before the crash, economist Irving Fisher famously proclaimed, “Stock prices have reached what looks like a permanently high plateau.”

Stock Market Crashes »

Posted on 16 Aug 2012 | 2,526 views
The Largest Ever One-Day Percentage Drop in the Dow Jones Industrial Average Occurred on December 12, 1914

On the first day of trading since the New York Stock Exchange (NYSE) reopened in November of 1914 after being shut down due to the start of World War I earlier that year, the Dow Jones Industrial Average suffers its worst percentage drop of (24.39 percent) on December 12, 1914 since it was first published in 1896.

Stock Market Crashes »

Posted on 8 Jul 2012 | 2,600 views
Michael Meehan’s Curb Stock Manipulation of RCA, Good Humor Ice Cream and Bellanca Aircraft

Michael J. Meehan (1891–1948) was a stock trader on Wall Street during the 1920s and 1930s. Meehan used his connections to get him a seat on the New York Curb Exchange. Three years later he had saved $90,000 to purchase a seat on the New York Stock Exchange.

Crash of 1987 »

Posted on 2 Sep 2011 | 3,533 views
Remembering the Stock Market Crash of October ’87

Remember the stock market crash of ’87? Stocks had been rising for five years and then came “Black Monday” when the Dow lost 508 points in a single day. By the end of October 1987, the Dow had lost nearly a quarter of its value.