What even happened on the ocotber 29 1929 called black Tuesday?

On October 29, 1929, known as Black Tuesday, the U.S. Stock Market crashed, marking the beginning of the Great Depression. Over 16 million shares were traded in a panic sell-off, leading to a dramatic decline in stock prices. This event shattered investor confidence and resulted in widespread financial ruin, unemployment, and economic instability that lasted throughout the 1930s. The crash was a culmination of speculative investments and economic imbalances that had built up during the Roaring Twenties.