Word: historicization
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Traders said there were increasing signs that confidence was returning to Wall Street in the aftermath of last week's historic plunge, although many cautioned the market could resume its downward trek.
It took Reagan four days after last Monday's historic collapse on Wall Street to speak out in public on the steps he would take to deal with the crisis. While investors and politicians verged on panic and waited to hear from him, Reagan was only able to muster a...
Most major U.S. exchanges, mean-while, closed two hours early to curb the enormous volume building up since Monday's historic collapse.
NEW YORK--Stocks tumbled in frantic trading yesterday, dousing hopes of quick recovery from the market's historic crash and raising fears that violent financial spasms may afflict the world indefinitely.
The closely watched index has now recovered about half the losses suffered from Monday's historic 508-point collapse, which amounted to a 22.6 percent decline in value.