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First U.S. Investment Markets
The federal government refinances all federal and state Revolutionary War debts by issuing $80 million in bonds. These bonds become the first major issues of publicly traded securities, signifying the beginning of the U.S. investment markets. -
Buttonwood Agreement
The NYSE can be traced back to the Buttonwood Agreement when 24 prominent brokers and merchants gathered on Wall Street to sign it, thus agreeing to trade securities on a commission basis. -
NYS&EB
New York brokers establish a formal organization called the New York Stock & Exchange Board (NYS&EB). They rented rooms at 40 Wall Street and adopted a constitution with rules for business conduct. -
NYSE
The New York Stock and Exchange Board change their name to the New York Stock Exchange (NYSE). -
President Abraham Lincoln is Assassinated
The stock market closes for two weeks following the death of President Lincoln. -
Move of the NYSE
The NYSE moves to 10-12 Broad Street, south of Wall Street. This move, along with purchases of adjacent land, establish Wall Street and Broad Street as the center of securities trading in America. -
NYSE's Second Major Move
NYSE relocates to 18 Broad Street, where they currently reside today. The new location provided an area 60% larger than the previous location. -
WW1 - Stock Exchange Shut Down
Plunging prices during World War 1 result in the NYSE halting all stock exchanges for 4 and a half months, one of the longest closures in history. -
The Stock Market Crash of 1929
Often considered the most famous crash in history, on October 24, 1929, panicked sellers traded nearly 13 millions shares on the NYSE. This was more than three times the average at the time and investors suffered $5 billion in losses. This crash also marked the beginning of the Great Depression. -
NASDAQ
NASDAQ began trading on February 8, 1971, as the world's first electronic stock market, trading for over 2,500 securities. -
Opportunities from NASDAQ
NASDAQ begins offering investor relations, public relations and multimedia services to listed companies to help promote their capital health. Today, this business represents more than 10% of total net revenue. -
Most Successful Sector
As of 2017, the Information Technology sector has been the most successful with a total return of about 20%. -
Least Successful Sector
As of 2017, Energy is the least successful sector with a total return of -9%. -
NASDAQ Ventures
Nasdaq announces its new program, Nasdaq Ventures, which is dedicated to discovering, investing in, and partnering with unique fintech companies to enhance its technology and benefit clients. -
The Dow's Highest Closing Record
The Dow sets a new highest close record on November 7, 2017 at 23,557.23.