Decoding Historic Stock Market Crashes:
Insights and Explanations
Crashes prompt regulatory shifts, as seen with the Panic of 1907 birthing the U.S. Federal Reserve, or reveal the impact of globalization, exemplified by the 1987 Black Monday Crash.
Historic Stock Market Crashes
1929: Stock Market Crash
In the five years before what is probably the best-known crash, the Dow Jones Industrial Average grew six times in value, from 63 to 381.
1992: Stock Market Scam
India's $1.3B securities scam left State Bank of India and other banks short, some insolvent due to unsecured loans to speculators in stocks and bonds.
2000: Dot-Com Bubble Burst
The so-called “dot-com” bubble burst on March 10, 2000, when a period of enthusiastic investment in technology stocks came to
2010: Flash Crash
The Dow Jones Industrial Average lost 9% of its value—nearly 1,000 points—on May 6, 2010. It was already down 4% in the afternoon when it toppled another 5% to 6%
2020: The Coronavirus Crash
As the COVID-19 pandemic halted the U.S. in March 2020, markets crashed. On March 16, 2020, Dow Jones, S&P 500, and Nasdaq fell 12-13%.
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