... growth in the stock market and in other financial markets is part of the story about the growth of the U.S. economy.To fit the vast story of the stock market into one chapter, we focus on the New ... overview of the market since1900, it is instructive to focus on four critical episodes that affected the marketand its development: the Panic of 19 07, the Great Crash of 1929, the Crash of 19 87, ... recovering from the events of 18 57, stocks faced another setbackwith the onset of the Civil War. By war’s end, however, the market waspoised for another upward run. The nature of Wall Street...