A Look at the Stock Market of Yesterday and Today

10/24/1929-New York, NY. The street scene on Black Thursday, the day the New York stock market crashed, and the day that led to the Great Depression. Source: (gettyimages.com)

Crowd After Stock Market Crash

The stock market can be a fickle entity. A lot of factors and events that happen around the world can affect the stock market causing it to crash suddenly. The crash of 1929 took place on October 24, 1929, starting on Black Thursday which caused such a panic that people began to sell everything and hit the banks to take out their money. This took place all the way through Black Tuesday. What started the ball rolling was when the London Stock Exchange crash happened in the previous September starting the Great Depression.