In which decade was the stock market crash known as "Black Tuesday"?
Answer 1920s
Forever known as Black Tuesday, October 29, 1929 was the culmination of a four-day crash of the American stock market that wiped out 14 billion dollars of investor holdings - the equivalent of $206 billion today- and was the major trigger of the Great Depression that followed. The market continued to decline after Black Tuesday until it finally bottomed out in 1932; 90% of its value had been lost. The crash occurred, in part, to a technology issue: As the selling frenzy mounted, the ticker tape used to announce stock prices couldn't keep up - further magnifying investor panic. The shouts of "Sell, Sell!" across the trading floor were so loud that no one heard the close of market bell sound telling them to stop.
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