{"id":62135,"date":"2025-07-03T13:03:35","date_gmt":"2025-07-03T11:03:35","guid":{"rendered":"https:\/\/www.captrader.com\/?post_type=blog&#038;p=62135"},"modified":"2026-02-20T08:31:29","modified_gmt":"2026-02-20T07:31:29","slug":"the-most-significant-stock-market-crashes-of-all-time-since-1929","status":"publish","type":"blog","link":"https:\/\/www.captrader.com\/en\/blog\/die-bedeutendsten-boersencrashs-aller-zeiten-seit-1929\/","title":{"rendered":"The most significant stock market crashes of all time since 1929"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The stock market acts as a mirror of the global economy. However, if this begins to falter, it can shake entire economies. Unconventional price movements, panic selling and losses running into the billions can be the result, although these can also mark significant turning points in history and should be seen as a lesson. The following will give you an <a href=\"https:\/\/www.tagesschau.de\/wirtschaft\/finanzen\/die-groessten-boersencrashs-seit-1929-100.html\" rel=\"nofollow noopener\" target=\"_blank\">Overview<\/a> about the most turbulent stock market crashes of all time from 1929 to the present day.<\/p>\n\n\n<style id=\"bricks-inline-css-component-lnntzm\">\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-rtliac:not(.tag), .block-editor-iframe__body .brxe-rtliac img{aspect-ratio: 1; object-fit: contain}\n.block-editor-iframe__body .brxe-rtliac{width: 65px}\n\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-lkidxf{border: 3px solid #F6F6F8; margin-top: -60px; background-color: var(--light)}\n\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-jzmkoh{font-weight: 600; font-size: var(--text-xl); text-transform: uppercase}\n\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-umltno ul li{ list-style: none; position: relative; padding-left: 30px;} .block-editor-iframe__body .brxe-umltno ul li::before{ content: ''; position: absolute; left: 0; top: 0.4em; width: 15px; height: 15px; background-image: url('\/wp-content\/uploads\/2024\/02\/square-full-solid.svg'); background-size: contain; background-repeat: no-repeat;}\n\n\n\/* BREAKPOINT: Mobil Hochformat *\/\n@media (max-width: 478px){\n.block-editor-iframe__body .brxe-xowhkb{margin-top: 20px}\n}\n\n\/* BREAKPOINT: Desktop (BASE) *\/\n.block-editor-iframe__body .brxe-lnntzm{background-color: #F6F6F8; align-items: center; position: relative; margin-top: 60px; padding-right: var(--space-l); padding-bottom: var(--space-l); padding-left: var(--space-l)}\n\n\n\/* Disable links in editor *\/\n.block-editor-iframe__body a.brxe-lnntzm, .block-editor-iframe__body .brxe-lnntzm a{ pointer-events: none; }\n<\/style><div class=\"brxe-lnntzm brxe-block\"><div class=\"brxe-lkidxf brxe-div radius-full padding-s\"><img decoding=\"async\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/06\/Icons_Uebersicht-blau.svg\" class=\"brxe-rtliac brxe-image css-filter size-full\" alt=\"A simple outline of a document with horizontal lines and a yellow magnifying glass in front of it, symbolizing the document check or search.\" \/><\/div><div class=\"brxe-xowhkb brxe-block\"><h2 class=\"brxe-jzmkoh brxe-heading\">The most important in a nutshell<\/h2><div class=\"brxe-umltno brxe-text\"><ul>\n<li>Stock market crashes can not only be understood as a warning signal for the economy, but can also mark significant turning points in history and serve as a lesson<\/li>\n<li>Black Thursday\" on October 24, 1929 is considered one of the most significant stock market crashes in stock market history since 1929, which also triggered a global economic crisis<\/li>\n<li>The \"dotcom internet bubble\", the real estate crisis in 2008 and the coronavirus crisis in 2020 show that a wide variety of crises with a wide variety of triggers can occur at any time<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">October 24, 1929: \"Black Thursday\" - Wall Street collapses<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On October 24, 1929, the so-called \"Black Thursday\", the Dow Jones plummeted by over 22% at the start of trading. Nevertheless, the book losses were capped at 2.1 percent at the end of trading. Just four and five days later, there were further massive price losses of 13% and 12% respectively. The stock market crisis also marked the start of the \"Great Depression\" in the United States and the beginning of the most massive global economic crisis of the 20th century.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This was preceded by a long period of <a href=\"https:\/\/www.planet-wissen.de\/gesellschaft\/wirtschaft\/boerse\/boerse-schwarzer-freitag-100.html\" rel=\"nofollow noopener\" target=\"_blank\">Boom<\/a> and rising stock market prices in the United States, which also made the USA the richest country in the world. Industries such as cars, electronics and construction experienced a real boom. However, the euphoria came to an abrupt end in the fall.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"908\" height=\"550\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/Dow-Jones.png\" alt=\"Line chart of the Dow Jones Industrial Average Index from 1994 to 2024, reflecting a general upward trend and the recent peak at 40,000 points, despite some declines associated with the most significant stock market crashes of all time since 1929.\" class=\"wp-image-62177\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/Dow-Jones.png 908w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/Dow-Jones-300x182.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/Dow-Jones-768x465.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/Dow-Jones-18x12.png 18w\" sizes=\"auto, (max-width: 908px) 100vw, 908px\" \/><figcaption class=\"wp-element-caption\"><strong>Source: TradingView<\/strong><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">October 19, 1987: \"Black Monday\"<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Dow Jones plummeted by 22.6 percent on \"Black Monday\", October 19, 1987. The resulting panic sent shockwaves around the globe and also caused share prices to plummet. In addition to a trade and budget deficit in the USA, the background to this was the raising of interest rates. This is likely to <a href=\"https:\/\/www.boerse.de\/boersenwissen\/boersengeschichte\/Der-schwarze-Montag-am-19-Oktober-1987-64\" rel=\"nofollow noopener\" target=\"_blank\">Automated trading programs<\/a> computer-based sales and triggered a veritable chain reaction. Numerous shares had already risen sharply beforehand and were therefore overvalued. Consequently <a href=\"https:\/\/www.boersennews.de\/lexikon\/begriff\/schwarzer-montag\/890\/\" rel=\"nofollow noopener\" target=\"_blank\">gripped<\/a> monetary authorities and governments to calm the markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There was no central trigger for the price slide on \"Black Monday\".<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">March 2000: Bursting of the \"dotcom internet bubble\"<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The bursting of the so-called \"<a href=\"https:\/\/www.fimanto.de\/lexikon\/dotcom-blase\" rel=\"nofollow noopener\" target=\"_blank\">Dotcom Internet bubble<\/a>\"The \"dotcom\" stands for the domain extension \".com\" on the World Wide Web and is another of the most significant stock market crashes of all time since 1929. A combination of euphoria, exaggerated expectations and greed led to the emergence of the internet bubble in the age of the new market (new economy) from 1995 onwards. In some cases, Internet start-ups went public even though they were barely able to report any turnover or profits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The year 2000 was followed by disillusionment at the lack of viable business models for numerous companies. In many cases, the high turnover and profit expectations could not be met. Numerous dotcom companies went bankrupt - <a href=\"https:\/\/www.kettner-edelmetalle.de\/wissen\/dotcom-blase\" rel=\"nofollow noopener\" target=\"_blank\">Trillion US dollars<\/a> in stock market value were destroyed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Worth knowing: <\/strong>On <a href=\"https:\/\/www.boerse.de\/boersenwissen\/boersengeschichte\/Der-11-September-2001-55\" rel=\"nofollow noopener\" target=\"_blank\">September 11, 2001<\/a> terrorist attacks in New York and Washington, causing the DAX in Frankfurt am Main to plummet by over 400 points to 4,247 points. Wall Street consequently remained closed for several days. However, the short-term uncertainty is followed by a rapid recovery.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"908\" height=\"550\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/DAX-Index.png\" alt=\"Line chart of the development of the DAX index from 1994 to 2024, with a strong increase in recent years and an index level close to 24,000 in July 2024, with historical context to the most significant stock market crashes of all time since 1929.\" class=\"wp-image-62178\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/DAX-Index.png 908w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/DAX-Index-300x182.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/DAX-Index-768x465.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2025\/07\/DAX-Index-18x12.png 18w\" sizes=\"auto, (max-width: 908px) 100vw, 908px\" \/><figcaption class=\"wp-element-caption\"><strong>Source: TradingView<\/strong><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">2008: Global financial crisis: Real estate crisis in the USA spreads<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The global financial crisis in 2008 is also considered one of the biggest and best-known crises in history.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Financial institutions in the USA granted real estate loans to borrowers with a poor credit rating (subprime loans) and often without corresponding collateral or proof of income. However, as interest rates rose, it became increasingly challenging for borrowers to pay the installments on their own four walls.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your <a href=\"https:\/\/www.planet-wissen.de\/gesellschaft\/wirtschaft\/boerse\/pwiefinanzkrise100.html\" rel=\"nofollow noopener\" target=\"_blank\">Zenith<\/a> The financial crisis reached its peak with the collapse of the US investment bank Lehman Brothers in September 2008, which triggered a veritable domino effect, causing further banks to fail and ultimately even plunging the United States into recession. The real estate crisis developed into a full-blown banking crisis in 2009.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">March 12, 2020: Corona pandemic hits stock markets worldwide<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One day after the <a href=\"https:\/\/www.handelszeitung.ch\/konjunktur\/das-sind-die-grossten-borsencrashs-seit-1929-812664\" rel=\"nofollow noopener\" target=\"_blank\">official declaration<\/a> the World Health Organization (WHO) on 12 March 2020, the announcement caused a great deal of chaos. COVID-19 is declared a pandemic and causes the leading index in Frankfurt am Main, for example, to plummet by 12% and in New York by -10%. On the trading days after March 12, 2020, there are further price losses and panic selling. Uncertainty about the virus, the associated restrictions on the economy and the collapse of global supply chains fueled fears of a recession around the world.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion: Stock market crashes from 1929 to the present day as turning points - between opportunity and risk<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The history of the biggest stock market crashes since 1929 shows how unexpectedly and with what force stock markets around the world can collapse. \"Black Thursday\" on October 24, 1929 is considered one of the most significant stock market crashes in that period, which also triggered a global recession. However, the \"dotcom internet bubble\", the real estate crisis in 2008 and the coronavirus crisis in 2020 also show that a wide variety of crises with a wide variety of triggers can occur at any time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stock market crashes can reflect fears, exaggerations as well as weaknesses in the economy and the financial system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, crashes can not only be understood as a warning signal for the economy, but can also mark significant turning points in history, act as a lesson for markets and politics and thus promote innovation. However, every crash is likely to leave its mark and, not least, has repeatedly demonstrated the vulnerability of the market in an impressive way.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It should be noted that crashes can be painful in the first instance, but may even be necessary to correct market exaggerations, reveal weaknesses and create a resilient system in the long term.<\/p>","protected":false},"excerpt":{"rendered":"<p>Die B\u00f6rse fungiert als Spiegel der Weltkonjunktur. Doch ger\u00e4t diese ins Wanken, kann dies gesamte Volkswirtschaften ersch\u00fcttern. Unkonventionelle Preisbewegungen, panische Verk\u00e4ufe und billionenschwere Verluste k\u00f6nnen die Folge sein, welche allerdings gleichzeitig auch bedeutende Wendepunkte in der Geschichte markieren und als Lehre verstanden werden d\u00fcrften. Erhalten Sie im Folgenden einen \u00dcberblick \u00fcber die turbulentesten B\u00f6rsencrashs aller [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":46175,"menu_order":0,"template":"","blog-kategorie":[846,840],"class_list":["post-62135","blog","type-blog","status-publish","has-post-thumbnail","hentry","blog-kategorie-aktien","blog-kategorie-boerse"],"acf":{"blog_summary":"","blog_faq_schalter":"ja","faq_uberschrift":"FAQ: H\u00e4ufig gestellte Fragen","blog_faq_loop":[{"blog_faq_question":"Welcher war der gr\u00f6\u00dfte B\u00f6rsencrash aller Zeiten seit 1929?","blog_faq_answer":"Der \u201eSchwarze Donnerstag\u201c am 24. Oktober 1929 gilt als der bedeutendste B\u00f6rsencrash in der B\u00f6rsengeschichte seit 1929, welcher nicht zuletzt auch eine weltweite Wirtschaftskrise einleitete. Der Dow Jones brach zwischenzeitlich um \u00fcber 22 Prozent ein."},{"blog_faq_question":"K\u00f6nnen B\u00f6rsencrashs auch \u201epositive Seiten\u201c haben?","blog_faq_answer":"B\u00f6rsencrashs k\u00f6nnen nicht nur als Warnsignal f\u00fcr die Wirtschaft verstanden werden, sondern auch bedeutende Wendepunkte in der Geschichte markieren und als Lehre fungieren."},{"blog_faq_question":"Was war der eigentliche Ausl\u00f6ser der globalen Finanzkrise im Jahr 2008?","blog_faq_answer":"Ihren Zenit erreicht die Finanzkrise durch den Kollaps der US-Investmentbank Lehman Brothers im September 2008, welche einen regelrechten Dominoeffekt ausl\u00f6ste, weitere Banken in Schieflage brachte und die Vereinigten Staaten letztendlich sogar in eine Rezession st\u00fcrzten."},{"blog_faq_question":"Wie kam es zum Platzen der Dotcom-Internetblase im Jahr 2000?","blog_faq_answer":"Im Jahr 2000 folgte die Ern\u00fcchterung \u00fcber das Ausbleiben tragf\u00e4higer Gesch\u00e4ftsmodelle zahlreicher Unternehmen. Die ausgepr\u00e4gten Umsatz- und Gewinnerwartungen konnten vielerorts nicht erf\u00fcllt werden. Tausende Dotcom-Firmen gingen in die Insolvenz \u2013 Billionen US-Dollar an B\u00f6rsenwert wurden vernichtet."},{"blog_faq_question":"Wieso hat die Corona Pandemie zu einem Crash gef\u00fchrt?","blog_faq_answer":"Die Ungewissheit \u00fcber COVID-19, die damit im Zusammenhang stehen Restriktionen f\u00fcr die Wirtschaft bzw. der Zusammenbruch globaler Lieferketten sch\u00fcrten die Furcht vor einer Rezession rund um den Globus."}]},"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog\/62135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/blog"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/36"}],"version-history":[{"count":3,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog\/62135\/revisions"}],"predecessor-version":[{"id":65927,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog\/62135\/revisions\/65927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media\/46175"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=62135"}],"wp:term":[{"taxonomy":"blog-kategorie","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/blog-kategorie?post=62135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}