This Day In Market History: Panic Of 1893 Crashes Stock Market

benzinga2021-05-05

What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time. Where The Market Was:The Dow finished the day at 30.02. What Else Was Going On In The World?In...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

erichosk
2021-05-06
erichosk
We cannot compare the Dow Jones index with the past as the origin Dow Jones stocks are no longer in the index now.
Huathk
2021-05-06
Huathk
Gd.
- Huathk:
  Pls response to my comment. thanks
- EV8:
  👍👍
- EV8:
  👍👍
- 7c6a7275回复EV8:
  Please add/Reply to comments
- Check7mate7:
  Bump
Kimoqi
2021-05-06
Kimoqi
Oh
- Kimobin:
  [无语]
jijimo
2021-05-06
jijimo
Like and comment pls
- Huathk:
  Gd
likaboss
2021-05-06
likaboss
Like and comment
- jijimo:
  Morning
- Huathk:
  Gd. pls response to my comment as well. thanks
ML808
2021-05-06
ML808
Will history repeat?
- MayTan:
  Hopefully not.
- ML808:
  but this always happen
- MayTan回复ML808:
  Noted.

发表看法

574

523

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1148686352?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-05-05 22:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148686352","market":"us","top_or_hot":-1,"title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","media":"benzinga","content":"<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Day In Market History: Panic Of 1893 Crashes Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","article_id":"1148686352","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","pubTimestamp":1620224535,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"市场史上的这一天：1893年的恐慌重挫股市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":105117335,"gmtCreate":1620277521327,"gmtModify":1634206420078,"author":{"id":"3575433293784452","authorId":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"We cannot compare the Dow Jones index with the past as the origin Dow Jones stocks are no longer in the index now.","listText":"We cannot compare the Dow Jones index with the past as the origin Dow Jones stocks are no longer in the index now.","text":"We cannot compare the Dow Jones index with the past as the origin Dow Jones stocks are no longer in the index now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105117335","repostId":1148686352,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105913903,"gmtCreate":1620263301702,"gmtModify":1634206559790,"author":{"id":"3573472992263411","authorId":"3573472992263411","name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Gd.&nbsp;","listText":"Gd.&nbsp;","text":"Gd.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/105913903","repostId":1148686352,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4236359,"gmtCreate":1620263343417,"gmtModify":1635502395714,"authorId":3573472992263411,"author":{"id":3573472992263411,"authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105913903,"type":1,"supId":0,"prevId":0,"content":"Pls response to my comment. thanks","text":"Pls response to my comment. thanks","html":"Pls response to my comment. thanks"},{"id":4236643,"gmtCreate":1620264541951,"gmtModify":1635502369984,"authorId":3576472032670521,"author":{"id":3576472032670521,"authorId":3576472032670521,"name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105913903,"type":1,"supId":0,"prevId":0,"content":"👍👍","text":"👍👍","html":"👍👍"},{"id":4236648,"gmtCreate":1620264558512,"gmtModify":1635502369439,"authorId":3576472032670521,"author":{"id":3576472032670521,"authorId":3576472032670521,"name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105913903,"type":1,"supId":4236359,"prevId":0,"content":"👍👍","text":"👍👍","html":"👍👍"},{"id":4237811,"gmtCreate":1620270919292,"gmtModify":1635502271788,"authorId":3579853052339740,"author":{"id":3579853052339740,"authorId":3579853052339740,"name":"7c6a7275","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3576472032670521,"repliedAuthor":{"id":3576472032670521,"authorId":3576472032670521,"name":"EV8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":105913903,"type":1,"supId":4236359,"prevId":4236648,"content":"Please add/Reply to comments ","text":"Please add/Reply to comments ","html":"Please add/Reply to comments "},{"id":4267129,"gmtCreate":1620526680037,"gmtModify":1635499994647,"authorId":3573551446689524,"author":{"id":3573551446689524,"authorId":3573551446689524,"name":"Check7mate7","avatar":"https://static.tigerbbs.com/e9d871c2fd09c2324036896302dbd1a6","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105913903,"type":1,"supId":0,"prevId":0,"content":"Bump","text":"Bump","html":"Bump"}],"langContent":"EN"},{"id":105910646,"gmtCreate":1620263226285,"gmtModify":1634206560472,"author":{"id":"3579307827566708","authorId":"3579307827566708","name":"Kimoqi","avatar":"https://static.tigerbbs.com/4a75a25c05f3caeb1708eff0d5b7effc","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105910646","repostId":1148686352,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4241815,"gmtCreate":1620304659370,"gmtModify":1635501971616,"authorId":3579305701715904,"author":{"id":3579305701715904,"authorId":3579305701715904,"name":"Kimobin","avatar":"https://static.tigerbbs.com/63242d29d38b04d214b281f0843a2771","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105910646,"type":1,"supId":0,"prevId":0,"content":"[无语]","text":"[无语]","html":"[无语]"}],"langContent":"EN"},{"id":105937479,"gmtCreate":1620263201491,"gmtModify":1634206560922,"author":{"id":"3577075923922212","authorId":"3577075923922212","name":"jijimo","avatar":"https://static.tigerbbs.com/22bac6d28b6513739fc962def9c071bd","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105937479","repostId":1148686352,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4236362,"gmtCreate":1620263349202,"gmtModify":1635502395385,"authorId":3573472992263411,"author":{"id":3573472992263411,"authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105937479,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":105937673,"gmtCreate":1620263181692,"gmtModify":1634206561287,"author":{"id":"3580898776597625","authorId":"3580898776597625","name":"likaboss","avatar":"https://static.tigerbbs.com/027156c6b15571003ac371d19a653946","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/105937673","repostId":1148686352,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4236320,"gmtCreate":1620263216220,"gmtModify":1635502399096,"authorId":3577075923922212,"author":{"id":3577075923922212,"authorId":3577075923922212,"name":"jijimo","avatar":"https://static.tigerbbs.com/22bac6d28b6513739fc962def9c071bd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105937673,"type":1,"supId":0,"prevId":0,"content":"Morning","text":"Morning","html":"Morning"},{"id":4236323,"gmtCreate":1620263221319,"gmtModify":1635502398767,"authorId":3573472992263411,"author":{"id":3573472992263411,"authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105937673,"type":1,"supId":0,"prevId":0,"content":"Gd. pls response to my comment as well. thanks","text":"Gd. pls response to my comment as well. thanks","html":"Gd. pls response to my comment as well. thanks"}],"langContent":"EN"},{"id":105937811,"gmtCreate":1620263172533,"gmtModify":1634206561408,"author":{"id":"3582359360248748","authorId":"3582359360248748","name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Will history repeat?","listText":"Will history repeat?","text":"Will history repeat?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/105937811","repostId":1148686352,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4237062,"gmtCreate":1620266656008,"gmtModify":1635502334621,"authorId":3573019619191060,"author":{"id":3573019619191060,"authorId":3573019619191060,"name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105937811,"type":1,"supId":0,"prevId":0,"content":"Hopefully not.","text":"Hopefully not.","html":"Hopefully not."},{"id":4258385,"gmtCreate":1620436590325,"gmtModify":1635500747114,"authorId":3582359360248748,"author":{"id":3582359360248748,"authorId":3582359360248748,"name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105937811,"type":1,"supId":4237062,"prevId":0,"content":"but this always <u>happen</u>","text":"but this always <u>happen</u>","html":"but this always <u>happen</u>"},{"id":4267445,"gmtCreate":1620528087158,"gmtModify":1635499965102,"authorId":3573019619191060,"author":{"id":3573019619191060,"authorId":3573019619191060,"name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3582359360248748,"repliedAuthor":{"id":3582359360248748,"authorId":3582359360248748,"name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":105937811,"type":1,"supId":4237062,"prevId":4258385,"content":"Noted.","text":"Noted.","html":"Noted."}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":523,"commentSize":574,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148686352"}