Where did the name black Tuesday come from?

The term "Black Tuesday" refers to October 29, 1929, the day when the Stock Market crashed, marking the beginning of the Great Depression. On this day, panic selling led to a dramatic decline in stock prices, resulting in significant financial losses for investors. The name reflects the severity and impact of the event, which had long-lasting effects on the global economy. The turmoil of Black Tuesday symbolized a major turning point in American financial history.