Definition of Black Tuesday:
Black Tuesday signaled the end of a period of post-World War I economic expansion and the beginning of the Great Depression, which lasted until the beginning of World War II.
October 29, 1929, the day that marked the conclusion of the stock market Crash of 1929. See Black Thursday.
October 29, 1929. On this date, share prices on the New York Stock Exchange completely collapsed, becoming a pivotal factor in the emergence of the Great Depression.
Black Tuesday was Oct. 29, 1929, and it was marked by a sharp fall in the stock market, with the Dow Jones Industrial Average (DJIA) especially hard hit in high trading volume. The DJIA fell 12%, one of the largest one-day drops in stock market history. More than 16 million shares were traded in the panic sell-off, which effectively ended the Roaring '20s and led the global economy into the Great Depression.
How to use Black Tuesday in a sentence?
- Black Tuesday had far-reaching consequences on America's economic system and trade policy.
- Black Tuesday was a result of America's focus on developing its own markets instead of seeking international cooperation.
- Black Tuesday refers to a precipitous drop in the value of the Dow Jones Industrial Average (DJIA) on Oct 29, 1929. The date marked the beginning of the Great Depression, which lasted until the beginning of World War II.
Meaning of Black Tuesday & Black Tuesday Definition