Stock market crash
A stock market crash is a sudden and dramatic decline of stock prices. Crashes often result in a major loss of paper wealth.
Crashes are associated with panic selling and underlying economic factors.
Crashes usually come after speculation and economic bubbles.
Crashes are often though not always associated with bear markets. For example, the stock market crash of 1987 didn't lead to a bear market.[1]
Stock Market Crash Media
Crowd gathering on Wall Street the day after the 1929 crash.
DJIA (19 July 1987 through 19 January 1988).
The collapse of Lehman Brothers was a symbol of the Crash of 2008
OMX Iceland 15 closing prices during the five trading weeks from September 29, 2008, to October 31, 2008.
References
- ↑ Stock Market Crash 1987. Federal Reserve History. https://www.federalreservehistory.org/essays/stock-market-crash-of-1987. Retrieved April 17, 2021.