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Why do they call it Black Tuesday?

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The most catastrophic stock market crash in the history of the United States, Black Tuesday took place on October 29, 1929 and was when the price of stocks completely collapsed. It was because of this day that the Roaring Twenties came to a stumbling halt and, in its place, was the Great Depression. read more

October 24, 1929 is called Black Thursday, and October 29, 1929 is referred to as Black Tuesday. When talking about financial markets the term "black" typically means a disastrous day in the world of finance. On Black Thursday the trouble started, and on Black Tuesday the value of stocks dropped by about 13% on that one day. read more

What Caused Black Tuesday Part of the panic that caused Black Tuesday resulted from how investors played the stock market in the 1920s. They didn't have instant access to information like they do today. read more

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