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History of the Stock Market

  • First Issued Bonds

    First Issued Bonds
    The first company to issue stocks was Dutch East India. It paid an 18% dividen and had 358 shareholders.
  • Alexander Hamilton started the US stock exchange.

    Alexander Hamilton started the US stock exchange.
    Alexander Hamilton became the first Secretary of Treasure in the United States. During his term he would start the US stock exchange by sellin government debt on Wall Street.
  • The Button Agreement

    The Button Agreement
    A group of stock brokers meet to sign the Button Agreement stating the rules of security transactions.
  • The NYSE

    The NYSE
    The New York Stcok Exchange is formally established.
  • Daily Stock Market Volume Reaches 5,000

    Daily Stock Market Volume Reaches 5,000
    Daily stock market volume reaches 5000 for the first time in history.
  • Black Friday Co.

    Black Friday Co.
    Black Friday was created as a group of gold speculators lead by Jake Cook and Jim Fiske.
  • Jesse Livermore

    Jesse Livermore
    Jesse Livermore “the greatest trader who ever lived” was born.
  • 1st Telephone in the NYSE Building

    1st Telephone in the NYSE Building
    1st telephone was established in the NYSE building.
  • Bankrupcy of Grand Ward Brokerage Firm

    Bankrupcy of Grand Ward Brokerage Firm
    Grand Ward Brokerage Firm goes under leading to the collapse of 15 other firms
  • Trading Volume is Increased

    Trading Volume is Increased
    Trading volume on the NYSE reaches 1 million.
  • The Panic of 1907

    The Panic of 1907
    The panic of 1907 threatens to destroy the stock exchange.
  • Roarin' 20's

    Roarin' 20's
    The roaring 20's hit, causing people to believe stocks could no longer go down.
  • Black Monday

    Black Monday
    Black Monday was the largest single day loss up to this point in history. The stock market fell 22.6%.
  • Worst One Day of the Stock Market

    Worst One Day of the Stock Market
    The worst 1 day drop in history. The stock market was down 22.91%.
  • Most Recent Financial Crisis in the U.S.

    Most Recent Financial Crisis in the U.S.
    Financial Crisis hits the United States leading to the failure of many large corporations such as General Motors, Fannie and Freddie, Countrywide, and IndyMac.