Three Things You Didn’t Know About The Crash Of 1929
October 28, 1929-- 90 years ago today-- is known as ‘Black Monday’ in financial circles.
The US stock market had peaked the previous month, on September 3, 1929, with the Dow Jones stock index reaching a record high of 381.
But throughout September and October, nervous investors began pulling their money out of the market.
And over a three day period in late October (including Black Monday), the market lost more than 30% of its value.