Why do we call it Black Friday?

why do we call it black friday

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(NEXSTAR) - Many know the day after Thanksgiving is referred to as "Black Friday," but why?
While some social media posts attribute the day's roots as dating back to the practice of selling off slaves the day after Thanksgiving, the Associated Press says that isn't the case.
Instead, the term "Black Friday" is first linked to a financial crash in the late 1880s.
Two investors, Jay Gould and Jim Fisk, drove up the price of gold, which lead to a market crash on Friday, September 24, 1869, according to Business Insider. The stock market dropped, foreign trade was put on hold, and farmers took a hit. The day was then dubbed "Black Friday."
It wasn't until the 1960s when large cr

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Why do we call it Black Friday?

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The Hill Why do we call it Black Friday? (NEXSTAR) - Many know the day after Thanksgiving is referred to as "Black Friday," but why?While some social media posts attribute the day's roots as dating back to the practice of selling off slaves the day after Thanksgiving, the Associated Press says that isn't the case.Instead, the term "Black Friday" is first linked to a financial crash in the late 1880s.Two investors, Jay Gould and Jim Fisk, drove up the price of gold, which lead to a market crash on Friday, September 24, 1869, according to Business Insider. The stock market dropped, foreign trade was put on hold, and farmers took a hit. The day was then dubbed "Black Friday."It wasn't until the 1960s when large cr

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