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1929 stock market crash and stock market history In the spring of 1896, when Charles Dow introduced the Dow Jones Industrial Average, the nation was more concerned with William Jennings Bryan and the Populist battle for the silver standard-ultimately defeated by William McKinley and other supporters of gold's primacy. Historical stock prices In New York City itself, the peccadilloes of the Tammany Hall political machine and the impending annexation of Brooklyn, the Bronx and Queens provided much of the grist for the media mill. The Federal Reserve, federal income tax, and the Securities and Exchange Commision did not exist in this time period.
mbols in 60 seconds * Instruments : stocks, mutual funds, indices Exchanges : US and Canadian stock exchanges Time frame : End-of-day Length : up to 15 years Portfolio capacity : 10,000 symbols Availability : 60 minutes after today's market close * Quotelf performance depends on the length of history you download ... I think your program is fantastic! Paul Dell (New York)On October 19 1987, the Dow-Jones industrial average suffered a major devaluation. Stock market chart ...The Dow lost over 500 points. Stock trading markets worldwide were all suffering similar declines. At the time, there was a lot of concern over what this meant to the overall economy of the world. The reason for this concern comes from the fact that the last time there was a large devaluation in the stock market, there followed a depression. Economists used a yardstick from the Jazz Age to evaluate this 'correction'; the yardstick was the crash of October 1929.
The crash of 1929 stock market prices continues to be a fascinating example of panic in high finance stock market closing price ... and is still a staple of Economics 101. This event involved all people, big and small, rich and poor, young and old. Everyone. Depressions, we are told, are cyclical in the nature of economics. In this era, we have successfully evaded depressions with the aid of computers, government regulation, and because we actually learned from history. The subject of this crash in 1929 has been studied and discussed many times over the years, by many economic authors. Most notable, in my opinion, would be John Galbraith. His book, "The Great Crash 1929", I heartily recommend if you are interested in the details of the crash and events leading up to it. It is a warning to us that our economic world will not always neccessarily be safe.
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