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New York Stock Exchange's Beginnings
The Buttonwood Agreement was signed under a tree on Wall Street by 24 stockbrokers. -
Constitution Creation
A constitution was drafted and the organization was renamed "New York Stock & Exchange Board." -
Name Change
The name of the exchange made its (current) last change to the New York Stock Exchange. -
Panic of 1873
Due to the Panic of 1873 the exchange was closed for 10 days. -
Wall Street Journal
The Wall Street Journal was first published in 1889, It featured the Dow Jones and was originally delivered via telegraph. -
The Dow is Born
The Dow Jones was created by Charles Dow, representing stocks from 12 American industries. -
The Dow Drop
The Dow Jones Industrial Average dropped 508 points (22.6%) in one day, which is the second-largest drop in a single day in history. This triggered the creation of the circut breaker rule. This rule states that if the DJIA drops 10% trading is stopped for an hour, 2 hours for a 20% drop, and is closed for the day after a 30% drop. -
Demolition of Exchange Building
A new, bigger building was needed to accomodate the growing market. The destruction was begun on the building at 10 Broad Street. -
Opening of New Location
The new Exchange building was located on 18 Broad Street, costing $4 million to build. -
The Dow's 100 Point Mark
The Dow reached and passed 100 points for the first time. -
World War I
NYSE was closed for a short amount of time after the start of the war. In November it was partially reopened, and made a complete reopening in December of the same year. -
Wall Street Bombing
A bomb exploded on Wall Street killing 33 people and injuring at least 400 others. It was never discoverd who set the bomb, and markings on the outside of the NYSE and other surrounding buildings can still be seen today. -
Great Depression
The stock market crashed and reached all time lows over the next months, beginning the Great Depression. -
U.S. Securities and Exchange Commission
The NYSE was registered with the U.S. Securities and Exchange Commission, including a 33 member board and president. -
Women in NYSE
The trading floor was opened to women. -
Friday the 13th
There was a mini-crash associated with the falling through of a buyout deal for UAL Corporation, now known as United Continental Holdings, which at the time had complete control of United Air Lines. -
Asian Financial Crisis
The NYSE was affected along with markets all over the world. The DJIA dropped 7.18% on this day that was later known as the 1997 mini-crash. -
Merger plans Announced
Plans to merge with Archipelago were announced. The deal was meant to reorganize the stock exchange as a publicly traded company. Over the next year the merge was approved and trading continued under the name NYSE group. The merge with Euronext was also completed, forming the first transatlantic stock exchange. -
All Time High
The Dow closed at an all time high of 14,164.53 points -
Dow Goes Down
The Dow closed at 6547.05, the lowest in almost 12 years. It returns to over 10,000 in about 7 months. -
Flash Crash
998 points were lost on the Dow during this day that is the largest drop since the 1987 crash, but the loss was quickly reversed. -
Merger with Deutsche Börse
A new merger was announced with NYSE-Euronext. On February 1, 2012, the merger was blocked by European Commission because it "would have led to a near-monopoly in European financial derivatives worldwide."
