Wall Street Crash of 1929 one aspect of the crash: It wiped out billions of dollars of wealth in one day, and this immediately depressed consumer buying. The failure set off a worldwide run on US gold deposits (i.e. the dollar), and forced the Federal Reserve to raise interest rates into the slump. Some 4,000 banks and other lenders ultimately failed. Also, the uptick rule, which allowed short selling only when the last tick in a stock's price was positive, was implemented after the 1929 market crash to prevent short sellers from driving the price of a stock down in a bear raid. The stock
The Wall Street Journal Europe The Wall Street Journal Europe The Wall Street Journal Europe is a daily English-language newspaper that covers global and regional business news for Europe, the Middle East and Africa (EMEA). Published by Dow Jones & Company (a News Corp company), it forms part of the business publication franchise which includes "The Wall Street Journal", "The Wall Street Journal Asia", and The Wall Street Journal Online (WSJ.com). Together, these publications have a total circulation of 3.8 million. Founded in 1983, "The Wall Street Journal Europe" is printed in nine locations throughout the region – Belgium, Germany, Ireland, Italy, Spain, Switzerland, Turkey,