STOCKS COLLAPSE IN 16,410,030-SHARE DAY, BUT RALLY AT CLOSE CHEERS BROKERS
Losses Wipe Out Months of Gains — Tickers Run Hours Late
The stock market, swept by waves of selling, lost many millions of dollars in value in the most disastrous trading day in Wall Street history. Ticker tape ran more than two hours behind. Brokers were overwhelmed. Banks dispatched millions to support prices. The crash erased an estimated $14 billion in a single day.
📝 Analyze: What words suggest something bad happened? Why would bankers be called "optimistic" during a crash? Record your thoughts in notes.