12 Wall Street Biggest Crashes


9/11 attacks

The September 11 attacks affected global markets, originating on Wall Street. The NYSE was closed for almost a week, following fears of terrorist attacks. Trading on the US bond market also halted. The New York Mercantile Exchange was also closed for a week after the attacks.

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Currency trading never faltered but the US dollar fell sharply against the Euro, British pound and Japanese yen. Insurance losses were almost double that of the previous disaster, Hurricane Andrew, in terms of losses.