List of stock market crashes
From Wikipedia, the free encyclopedia
This is a list of stock market crashes.
| Name | Dates | Duration | Comments | References |
|---|---|---|---|---|
| Panic of 1819 | ||||
| Panic of 1837 | May 10, 1837 | |||
| Black Friday | September 24, 1869 | |||
| Gründerkrach | May 9, 1873 | Initiated the Long Depression in the United States and much of Europe | ||
| Paris Bourse crash of 1882 | January 19, 1882 | |||
| Panic of 1884 | ||||
| Panic of 1896 | ||||
| US Panic of 1901 | 3 years | The market was spooked by the assassination of President McKinley in 1901, coupled with a severe drought later the same year. | ||
| Panic of 1907 | 1 year | Markets took fright after President Theodore Roosevelt had threatened to rein in the monopolies that flourished in various industrial sectors, notably railways. | ||
| US Panic of 1919 | 3 years | There were fears that the new automobile sector was becoming overheated and that car ownership had reached saturation point. | ||
| Stock Market Crash of 1929 *Black Thursday - October 24, 1929 *Black Monday - October 28, 1929 *Black Tuesday - October 29, 1929 |
3 years | The bursting of the speculative bubble in shares led to further selling as people who had borrowed money to buy shares had to cash them in, when their loans wre called in. Also called the Great Crash or the Wall Street Crash, leading to the Great Depression. | ||
| US 1937 | 1 year | This share price fall was triggered by an economic recession and doubts about the effectiveness of Franklin D Roosevelt's New Deal policy. | ||
| UK Stock market crash of 1973–4 | 1 year | Dramatic rise in oil prices, the miners' strike and the downfall of the Heath government. | ||
| Silver Thursday of 1980 | ||||
| Souk Al-Manakh stock market crash of 1982 | ||||
| Black Monday | October 19, 1987 | |||
| Friday the 13th mini-crash - October 13, 1989 | October 13, 1989 | Failed Leveraged buyout deal of United Airlines causes crash | ||
| Japan 1990 | 13 years | Share and property price bubble burst and turned into a deflation. | ||
| Black Wednesday | 1992 | United Kingdom | ||
| 1997 Asian Financial Crisis | 1997 | 1 year | Investors deserted emerging Asian shares, including an overheated Hong Kong stock market. Crashes in Thailand, Hong Kong, South Korea, and elsewhere. | |
| October 27, 1997 mini-crash | The Asian financial crisis came to a head in this crash | |||
| Russian financial crisis | 1998 | |||
| Dot-com bubble crash | March 2000 | 3 years | Collapse of a technology bubble, world economic effects arising from the September 11, 2001 attacks and the stock market downturn of 2002 | |
| The Chinese Correction (Chinese market drop) - February 27, 2007 | February 27, 2007 | The SSE Composite Index of the Shanghai Stock Exchange tumbles 9% from unexpected selloffs, the largest drop in 10 years, triggering major drops in worldwide stock markets. | (Forbes) (BBC) (Xinhua). (February 27, 2007) |
Contents |
[edit] See also
[edit] Further reading
- Robert Sobel Panic on Wall Street: A Classic History of America's Financial Disasters-With a New Exploration of the Crash of 1987 (E P Dutton; Reprint edition, 1988), (Beard 2002) ISBN 0-525-48404-3.
[edit] References
- "The Ten Biggest Stock Market Crashes of All Time", money central, The Times, 14 April 2008.
[edit] External links
- A Scary Tuesday Was No Black Monday, New York Times Largest percentage drops in the DJIA history, March 2, 2007

