The New York Stock Exchange is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is the largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists. Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or retirement accounts.
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles.
A market trend is a perceived tendency of the financial markets to move in a particular direction over time. Analysts classify these trends as secular for long time-frames, primary for medium time-frames, and secondary for short time-frames. Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels, varying over time.
The Wall Street crash of 1929, also known as the Great Crash, was a major stock market crash in the United States which began in late October 1929 with a sharp decline in prices on the New York Stock Exchange (NYSE) and ended in mid-November. The crash began a rapid erosion of confidence in the U.S. banking system and marked the beginning of the worldwide Great Depression, which lasted until 1939; it is thus considered the most devastating in the country's history. It is most associated with October 24, 1929, known as "Black Thursday", when a record 12.9 million shares were traded on the NYSE in a single day, and October 29, 1929, known as "Black Tuesday", when about 16.4 million shares were traded.
Black Monday was a global, severe and largely unexpected stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. The severity of the crash sparked fears of extended economic instability or even a reprise of the Great Depression.
Charging Bull is a bronze sculpture that stands on Broadway just north of Bowling Green in the Financial District of Manhattan in New York City. The 7,100-pound (3,200 kg) bronze sculpture, standing 11 feet (3.4 m) tall and measuring 16 feet (4.9 m) long, depicts a bull, the symbol of financial optimism and prosperity. Charging Bull is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District.
Wall Street is a street which runs through the Financial District of New York City, which due to many financial centers being located on the street is further a metonym for the Economy of the United States.
Black Monday refers to specific Mondays when undesirable or turbulent events have occurred. It has been used to designate massacres, military battles, and stock market crashes.
Black Thursday is a term used to refer to typically negative, notable events that have occurred on a Thursday. It has been used in the following cases:
Galtymore or Galteemore is a mountain in the province of Munster, Ireland. At 917.9 metres, it is one of Ireland's highest mountains, being the 12th-highest on the Arderin list, and 14th-highest on the Vandeleur-Lynam list. Galtymore has the 4th-highest topographic prominence of any peak in Ireland, which classifies Galtymore as a P600, or "major mountain". It is one of the 13 Irish Munros.
A trading curb is a financial regulatory instrument that is in place to prevent stock market crashes from occurring, and is implemented by the relevant stock exchange organization. Since their inception, circuit breakers have been modified to prevent both speculative gains and dramatic losses within a small time frame. When triggered, circuit breakers either stop trading for a small amount of time or close trading early in order to allow accurate information to flow among market makers and for institutional traders to assess their positions and make rational decisions.
Meltdown Monday is a term used by some financial news outlets to describe Mondays with large losses in financial markets. In the late 1980s, and early 1990s, the term was used most often in reference to October 19, 1987, which later became known as Black Monday 1987. Several events which were initially referred to as Meltdown Mondays by the press have since been referred to most often as Black Mondays.
Black Tuesday was the highest trading volume day of the Wall Street Crash of 1929 on the New York Stock Exchange.
Wall Street Crash were an English vocal group, formed in March 1980 by Keith Strachan. Performing music from the 1920s to the 1980s, they appeared regularly on British television and in three Royal Variety Performances.
Black Monday is an American historical dark comedy television series created by Jordan Cahan and David Caspe that premiered on January 20, 2019, on Showtime. The series stars Don Cheadle, Andrew Rannells, Regina Hall, Casey Wilson, and Paul Scheer, and follows the employees of second-tier Wall Street trading firm the Jammer Group during the year leading up to "Black Monday", the day when international stock markets crashed in 1987. In April 2019, the series was renewed for a second season that premiered on March 15, 2020. In October 2020, the series was renewed for a third season, which premiered on May 23, 2021. In January 2022, the series was cancelled after three seasons.
George Sumner Bradford Dana Gould was an American financier and banker. Gould was a member of the board of Municipal Assistance Corporation that was constituted during the 1975 New York City fiscal crisis and briefly served as its chairman in 1979. He was the Undersecretary of the Treasury in the late 1980s during the Reagan administration. During this period he oversaw the savings and loan crisis, the aftermath of the 1987 Black Monday stock market crash, and the raising of the country's debt ceiling.
Black Monday refers to specific Mondays when undesirable or turbulent events have occurred.
