The Korean War’s Effect on Wall Street (Quick Magazine, 1950)
The outbreak of the war in Korea sent stocks tumbling in all important world markets. In N.Y., three months of profits were wiped out. At week’s end some stocks rose, but jittery brokers kept an eye on the war news and – an ear turned toward Washington, where announcements of increased U.S. participation in the fighting touched off further waves of selling>
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