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Black Monday
Black Monday Oct. 19, 1987, in U.S. history, day of financial panic. The Dow Jones Average fell 508.32 points, a drop of 22.6%, the largest since 1914. The point decline as well as the volume, 604.33 million shares, exceeded previous records. Among the possible causes were investors' anxiety... Read more |
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crash
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stock exchange
stock exchange organized market for the trading of stocks and bonds (see bond ; stock ). Such markets were originally open to all, but at present only members of the owning association may buy and sell directly. Members, or stock brokers , buy and sell for themselves or for others, charging... Read more |
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Stock Market Crash of 1929
Stock Market Crash of 1929. On 24 October and again on 29 October 1929, panic selling swept the New York Stock Exchange. The index of common stocks had peaked in early September; within two months, however, it fell 39 percent, reducing the value of stocks traded on the exchange by $26 billion.The... Read more |
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insider trading
insider trading stock market transactions made with knowledge of nonpublic information about corporate activity. In the United States, it has been illegal since 1934. The Securities and Exchange Commission regards it as unfair to investors who are not privy to such information. Several insider... Read more |
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Options (Finance)
puts and calls in securities trading. A call is a contract that gives the holder the right to purchase a given stock at a specific price within a designated period of time. It is the opposite of a put, which is a contract that allows the holder to sell a given stock at a specific price within a... Read more |
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Random Walk
Random Walk ORIGINS AND RATIONALES IMPLICATIONS FOR INVESTORS BIBLIOGRAPHY A random walk is one in which future steps or directions cannot be predicted on the basis of past actions. When the term is applied to the stock market, it means that short-run changes in stock prices cannot be... Read more |
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Stock prices
DOW JONES INDUSTRIAL AVERAGE (DJIA) A measure of stock prices of important industrial companies, the Dow Jones Industrial Average (DJIA) was first printed in the Wall Street Journal in 1897. The average is an indicator of the overall stock market and is used, along with other indexes, by... Read more |
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Frenzy
283. Frenzy Beatlemania term referring to the Beatles’ (rock musicians) immense popularity; manifested by screaming fans in the 1960s. [Pop. Culture: Miller, 172–181] Big Bull Market speculation craze precipitated stock market crash (1929). [Am. Hist.: Allen,... Read more |
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Bull Market
B ULLM ARKET Riding the Bull It is an understatement to say that during the 1990s the stock market was volatile. On 17 April 1991 the Dow Jones Industrial Average closed above three thousand points for the first time in history. By 1995 the Dow had gained 33.5... Read more |
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