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Wall Street is a street in the Financial District of Lower Manhattan in New York City. Eight city blocks long, it runs between Broadway in the west and South Street and the East River in the east.
- Wall Street (Disambiguation)
Places in New York. Financial District, Manhattan, area of...
- New York Stock Exchange Building
The New York Stock Exchange Building (also the NYSE...
- Financial District, Manhattan
The Financial District of Lower Manhattan, also known as...
- Early Skyscrapers
The real estate market that lay behind new skyscraper builds...
- Wall Street (Disambiguation)
Mar 14, 2024 · Wall Street, street, in the southern section of the borough of Manhattan in New York City, which has been the location of some of the chief financial institutions of the United States. The street is narrow and short and extends only about seven blocks from Broadway to the East River. It was named.
The Wall Street Journal (WSJ), also referred to simply as the Journal, is an American business- and economic-focused international daily newspaper based in New York City. The Journal is published six days a week by Dow Jones & Company , a division of News Corp .
- Background
- Crash
- Aftermath
- Analysis
- Effects
- Academic Debate
- See Also
- Further Reading
- External Links
The "Roaring Twenties", the decade following World War I that led to the crash,was a time of wealth and excess. Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector. Scholars believe that d...
Selling intensified in mid-October. On October 24, "Black Thursday", the market lost 11% of its value at the opening bell on very heavy trading. The huge volume meant that the report of prices on the ticker tape in brokerage offices around the nation was hours late, and so investors had no idea what most stocks were trading for. Several leading Wal...
In 1932, the Pecora Commission was established by the U.S. Senate to study the causes of the crash. The following year, the U.S. Congress passed the Glass–Steagall Act mandating a separation between commercial banks, which take deposits and extend loans, and investment banks, which underwrite, issue, and distribute stocks, bonds, and other securiti...
The crash followed a speculative boom that had taken hold in the late 1920s. During the latter half of the 1920s, steel production, building construction, retail turnover, automobiles registered, and even railway receipts advanced from record to record. The combined net profits of 536 manufacturing and trading companies showed an increase, in the f...
United States
Together, the 1929 stock market crash and the Great Depression formed the largest financial crisis of the 20th century. The panic of October 1929 has come to serve as a symbol of the economic contraction that gripped the world during the next decade.The falls in share prices on October 24 and 29, 1929 were practically instantaneous in all financial markets, except Japan. The Wall Street Crash had a major impact on the U.S. and world economy, and it has been the source of intense academic hist...
Europe
The stock market crash of October 1929 led directly to the Great Depression in Europe. When stocks plummeted on the New York Stock Exchange, the world noticed immediately. Although financial leaders in the United Kingdom, as in the United States, vastly underestimated the extent of the crisis that ensued, it soon became clear that the world's economies were more interconnected than ever. The effects of the disruption to the global system of financing, trade, and production and the subsequent...
There is a debate among economists and historians as to what role the crash played in subsequent economic, social, and political events. The Economist argued in a 1998 article that the Depression did not start with the stock market crash,nor was it clear at the time of the crash that a depression was starting. They asked, "Can a very serious Stock ...
Axon, Gordon V. (1974). The Stock Market Crash of 1929. London: Mason & Lipscomb Publishers Inc. [ISBN missing]Bierman, Harold (2008). "The 1929 Stock Market Crash". In Whaples, Robert (ed.). EH.Net Encyclopedia. Santa Clara, California: Economic History Association. Retrieved February 2, 2017.Brooks, John (1969). Once in Golconda: A True Drama of Wall Street 1920–1938. New York: Harper & Row. ISBN 0393013758Cadorel, Jean‐Laurent (2024). "The 1929 crash of the New York stock exchange as a liquidity crisis". The Economic History Review.Media related to Wall Street Crash of 1929at Wikimedia CommonsThe Crash of 1929, American ExperiencedocumentaryWall Street, originally known in Dutch as Het Cingel (“the Belt”), is more than just a street in Lower Manhattan, New York City; it is a symbol of financial power and influence.
Wall Street is a street in Lower Manhattan, New York City. It runs southeast from Broadway, through the Financial District to South Street on the East River. It is home to the New York Stock Exchange, the world's largest stock exchange and Federal Hall.
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Jan 20, 2022 · Wall Street is the center of the American stock market and financial system. Learn its history, where it's located, and how it works.
