London and US: stock exchange, ticker tape, Wall Street, Black Tuesday, 1929

The video discusses the optimism in the stock market during the late 1920s, where both large and small investors poured their savings into stocks, often buying on margin. This led to a speculative bubble. In October 1929, stock prices fell sharply, culminating in the crash on Black Tuesday, wiping out billions in savings and causing widespread panic.

How did the actions of bankers in mid-October 1929 attempt to stabilize the stock market?

What were the immediate effects of the stock market crash on individual investors?