What are the most important events in wall street's history?

Black Friday (192) Black Monday (198) Occupy Wall Street (201). The Wall Street crash of 1929, also known as the Great Fall or the Fall of the 29th), was a major fall in the US stock market that occurred in the fall of 1929.On May 26, 1896, Charles Dow reveals his industrial stock average in the first publication of his newspaper, the Wall Street Journal. May 17, 1792 At the Merchant's Coffee House cafeteria, on the corner of Wall and Water Streets, two dozen New York City stockbrokers and merchants sign the “Buttonwood Agreement”, which bears the name of a tree under which commercial transactions have been carried out in the past. The resulting increase in mass unemployment is considered to be the result of the crisis, although the crisis is by no means the only fact that contributed to the depression.

The fall of Wall Street is generally considered to have had the greatest impact on the events that followed and is therefore considered to be a sign of the downward economic downturn that began the Great Depression. May 6, 1884 The Wall Street brokerage firm Grand and Ward went bankrupt, causing 15 other stock firms to panic and bankrupt. The name actually derives from a wall that was erected by Dutch colonists on the southern tip of Manhattan Island in the 17th century. Subsequently, stock markets around the world instituted measures to suspend trading in the event of rapid declines, arguing that the measures would prevent such panic selling.

In the early 18th century, the British took over the colony and dismantled the barrier, turning it into a paved street called Wall Street. September 21, 1776 A devastating fire, probably the work of colonial arsonists who were trying to interrupt the British occupation of the city during the American Revolution, destroys hundreds of structures near Wall Street. That shook Wall Street and stock prices fell rapidly, but the news that stocks were cheap provoked a new wave of deer (amateur speculators) and investors. On October 29, 1929, Black Tuesday hit Wall Street, when investors traded about 16 million shares on the New York Stock Exchange in a single day.

Brock Ronfeldt
Brock Ronfeldt

General bacon trailblazer. Amateur beer scholar. Typical pop cultureaholic. Professional food practitioner. Hardcore travel advocate.

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