Historical Thursdays
- Black Thursday refers to October 24, 1929 when stock prices on the New York Stock Exchange fell sharply, with record volume of nearly 13 million shares. Five days later, the market crashed on volume of over 16 million shares – a level not to be surpassed for 39 years. In popular imagery, the crash has come to mark the beginning of the Great Depression.
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Famous quotes containing the word historical:
“Reason, progress, unselfishness, a wide historical perspective, expansiveness, generosity, enlightened self-interest. I had heard it all my life, and it filled me with despair.”
—Katherine Tait (b. 1923)
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