When the stock market began to drop sharply in the late october 1929?

The Stock Market began to drop sharply in late October 1929, culminating in the infamous crash on October 29, known as Black Tuesday. This decline was driven by rampant speculation, overvaluation of stocks, and a lack of investor confidence, leading to panic selling. The crash marked the beginning of the Great Depression, a severe economic downturn that affected economies worldwide throughout the 1930s. The event highlighted the vulnerabilities in the financial system and prompted significant regulatory changes in the years that followed.