What are the worst stock market crashes in the world?
(1) American stock market crash (1929)
In late June, 1929, the stock price fell from the peak to the bottom. In these days, the turnover rate of new york Stock Exchange is as high as several million shares every day. The Dow Jones index and new york index in the US stock market plunged successively, and the stocks of major industries also fell rapidly. After that, thousands of investors committed suicide one after another, including the great economist Fisher, who was penniless. The stock market crash also led to the Great Depression of the American economy.
(2) American stock market crash (1987)
1987 10 19, Black Monday, only three hours after the opening, the Dow Jones Industrial Average fell 508.32 points, or 22.62%. Later, the panic spread to other regions outside the United States, such as Tokyo Stock Exchange, and its share price fell by 14.9%, setting a record for the decline of Tokyo Securities. 65438+1On October 26th, the Hang Seng Index of Hong Kong fell by 1 126 points, a decrease of 33.5%, the highest decline in the history of the Hong Kong stock market. Within a week of the stock market crash, the wealth loss was as high as 2 trillion, and the tragedy of 1929 was repeated again.
(3) Japanese stock market plunged (1989 65438+February-65438+April 0992)
1February 1989, Japan's stock index reached more than 38,000 points, but then there was a bubble economy in Japan. 1in April 1992, the stock index fell to only 14000 points, returning to the level of 1985, during which the market value evaporated by more than 30 billion, and Japan's securities industry appeared.
(d) The Hong Kong stock market plummeted (1973)
From March 1973 to September 1973, the Hang Seng Index in Hong Kong dropped from more than 1700 to more than 500, and the Hang Seng Index dropped to only more than 150 the following year. This stock market crash is the worst in the history of Hong Kong stock market.
I wonder if there will be such a serious stock market crash in the future. As long as the national policy on the stock market is reasonable, the probability of stock market crash will be greatly reduced.