Although the Second Continental Congress had take on the functions of a central government, it really had no power to do so. The only thing that made Congress a central government was the fact that the necessities of war gave its decisions popular support.
Jonathan Edwards.
In 1741, he preached "Sinners in the Hands of an Angry God." where he preached that Hell is real and terrible.
The Stocks of companies like General Electric, Western Union and United States Steel, were hit so hard by the drop because those companies were among the country’s strongest stocks. These companies were leaders of the stock market and everyone was interested in buying or investing only in these companies.
This was the reason that these companies or ‘Market leaders’ hard hit the stock exchange market. The New York Exchange is also known as “The Big Board” is the largest stock exchange market of the world by market capitalization of its listed companies at US$30.1 trillion by February 2018.