Only a few people are old enough to remember what happened on exactly this day almost a century ago. Those who do likely wish they didn’t.
It was Oct. 24, 1929, better known as “Black Thursday,” after a financially booming decade came to an end when Wall Street traders woke up to a stock market that suddenly tumbled 11% from the night before. Larger falls continued for the next two years and eventually the country went into a decade-long economic depression.
It was Oct. 24, 1929, better known as “Black Thursday,” after a financially booming decade came to an end when Wall Street traders woke up to a stock market that suddenly tumbled 11% from the night before. Larger falls continued for the next two years and eventually the country went into a decade-long economic depression.