This is a list of stock market crashes and bear markets.
Contents |
United States unless otherwise noted.
| Name | Dates | Bear Market Duration | Comments | References |
|---|---|---|---|---|
| Panic of 1819 | ||||
| Panic of 1837 | May 10, 1837 | |||
| Panic of 1857 | ||||
| Black Friday | September 24, 1869 | |||
| Panic of 1873 | 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 | ||||
| Panic of 1901(U.S.) | 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 U.S. President Theodore Roosevelt had threatened to rein in the monopolies that flourished in various industrial sectors, notably railways. | ||
Stock Market Crash of 1929
|
4 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 were called in. Also called the Great Crash or the Wall Street Crash, leading to the Great Depression. | ||
| Recession of 1937(U.S.) | 1 year | This share price fall was triggered by an economic recession within the Great Depression and doubts about the effectiveness of Franklin D Roosevelt's New Deal policy. | ||
| Stock market crash of 1973–4(U.K.) | 1 year | Dramatic rise in oil prices, the miners' strike and the downfall of the Heath government. | ||
| Silver Thursday of 1980 | Silver price crash | |||
| Souk Al-Manakh stock market crash of 1982 | ||||
| Black Monday (1987) | October 19, 1987 | |||
| Friday the 13th mini-crash | October 13, 1989 | Failed leveraged buyout of United Airlines causes crash | ||
| Japanese asset price bubble 1990 | 13 years | Share and property price bubble bursts and turns into a long deflationary recession. | ||
| 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 occur in Thailand, Hong Kong, South Korea, and elsewhere, reaching a climax in the October 27, 1997 mini-crash. | |
| 1998 Russian financial crisis | 1998 | |||
| Dot-com bubble burst | 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 | 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) | |
| United States bear market of 2007–2009 | October 11, 2007 – (ongoing as of May 2nd 2009) | The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all experienced declines of greater than 20% from their peaks in late 2007 | [1] |
See also
- Financial crisis of 2007–2009
- Economic bubble
- List of banking crises
- List of recessions in the United States
- List of largest daily changes in the Dow Jones Industrial Average
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.
References
External links
- A Scary Tuesday Was No Black Monday, New York Times Largest percentage drops in the DJIA history, March 2, 2007
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