What happened on the stock market after JF Kennedy assassination?
JF Kennedy was killed in November, 22, 1963 and all the newspaper wrote about this tragedy for almost 5 days.
November, 22, 1963 JFK was assassinated
This title was at the first page from the newspaper. JF Kennedy was killed by a sniper when he was in a car in Dallas. But this goes to ask me some questions.
Where the sniper knew which was the route of JF Kennedy? Why they don’t put on the road more cars like the ones the JFK was in?
Now after aproximative 60 years it is very easy to avoid a tragedy like this one.
The next 5 days the newspapers was full with the ceremony of JF Kennedy and after these days a news surprised me.
JFK was succeeded by Lyndon Baines Johnson. People trusted him so much that the stock market goes up with $15 billion when Johnson finished all steps from the White House.
BIG LOSS ERASED Wall Street Attributes Rally to Confidence in New President Pattern Varied Elsewhere Stock Prices Surge To $15 Billion Gain Biggest Rise in History Erases Friday’s Drop — Trading Is Heavy Johnson Assessed Plan on Haupt Noted
Stock prices soared yesterday in the biggest one-day rally in market history. It was a stunning turnabout from the immediate collapse of prices set off last Friday afternoon with the news that President Kennedy had been shot.
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Disclaimer: I hope The New York Times don’t strike me for using some parts from their paid archive. I’m writing this article for inspiration and for knowledge purpose only.