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)

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[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

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