| Black Friday | |
 A day of stock market catastrophe. Originally, September 24th, 1869 was termed Black Friday. The crash was sparked by gold speculators including Jay Gould and James Fist attempting to corner the gold market. Their attempt failed and the gold market collapsed, causing the market to tank. |
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 The term "black" has been used to describe other disastrous days in financial markets. For example, Tuesday, October 29th, 1929, a day the market fell precipitously, has been coined Black Tuesday, signaling the start of the Great Depression. Additionally, the largest one-day drop in stock market history occurred on Black Monday, October 19th, 1987, when the DJIA plummeted more than 22%. |
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 The Greatest Market Crashes - From a tulip craze to a dotcom bubble, read the cautionary tales of the stock market's greatest disasters. How Investors Often Cause The Market's Problems - Investors of course are human, but find out here how our bad habits can cause market turbulence. What is market capitulation? |
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