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Dutch East India
The first company (Dutch East India) issued stocks. It paid an 18% dividend and had 358 shareholders. -
Alexander Hamilton
Alexander Hamilton because the first Secretary of Treasure in the US. During his term he would start the US stock exchange by selling government debt on Wall Street. -
Burron Agreement
a group of stock brokers meet to sign the “Button Agreement” stating the rules of security transaction. -
NYSE
NYSE is formally established. -
Daily stock market
Daily stock market volume reaches 5000 for the first time in history. -
Black Friday
“Black Friday” was created as a group of gold speculators lead by Jake Cook and Jim Fiske tried to cover the gold market. This set off a great panic. -
Panic of 1873
Jay Cooke and Company Brokerage firm fails leading to the panic of 1873. -
Jesse Livermore
Jesse Livermore “The greatest trader who ever lived” was born. -
telephone
1st telephone established in the NYSE building. -
Grand Ward Brokerage Firm
Grand Ward Brokerage Firm goes under leading to the collapse of 15 other firms. -
trading volume
Trading volume on the NYSE reaches 1 million. -
panic of 1907
The panic of 1907 threatens to destroy the stock exchange. -
roaring 20's
The roaring 20s hit causing people to believe stocks could no longer go down. -
Alexander Graham Bell
Alexander Graham Bell began teaching his new theory called Value Investing. -
black monday
“Black Monday” was the largest single day loss up to that point. The stock market fell 22.6%. -
Dow Jones
Dow Jones was down 89% from its peak, the worst decline ever. -
worst day
The worst 1 day drop in history. The stock market was down 22.91%. -
Dot Com Bubble
Dot com bubble burst leading to a bears market. -
Bottom hits
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Financial Crisis
Financial Crisis hits the US leading to the failure of many large corporations such as General Motors, Fannie and Freddie, Countrywide, and IndyMac.