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 1971 to 1997 brought about a series of launches, acquisitions, and joint ventures, including "Factiva", "The Wall Street Journal Asia", "The Wall Street Journal Europe", the WSJ.com website, Dow Jones Indexes, MarketWatch, and "WSJ Weekend Edition". In 2007, News Corp. acquired Dow Jones. "WSJ.", a luxury lifestyle magazine, was launched in 2008. A complement to the print newspaper, "The Wall Street Journal Online", was launched in 1996 and has allowed access only by subscription from the beginning. In 2003, Dow Jones began to integrate reporting of the "Journal" print and online subscribers together in Audit Bureau of Circulations statements. In