Significant Dates for the U.S market

  • Wall Street is laid out

    Surveyors lay out Wall Street along the line of the stockade.
  • The Beginning of the US stock exchange

    During Alexander Hamilton's term, he started the first US stock exchange by selling government debt on Wall Street.
  • US Investment Market is Born

    The government refinances all federal and state Revolutionary War debt, issuing $80 million in bonds. These become the first major issues of publicly traded securities, marking the birth of the U.S. investment markets.
  • Buttonwood Agreement

    Twenty-four prominent brokers and merchants gather on Wall Street to sign the Buttonwood Agreement, agreeing to trade securities on a commission basis.
  • NYSE

    NYSE is formally established.
  • Panic of 1819

    The Panic of 1819 was the first major peacetime financial crisis in the United States followed by a general collapse of the American economy persisting through 1821. The Panic announced the transition of the nation from its colonial commercial status with Europe toward a dynamic economy, increasingly characterized by the financial and industrial imperatives of laissez-faire capitalism and susceptible to boom and bust cycles.
  • Panic of 1837

    The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices and wages went down while unemployment went up.
  • AMEX

    The American Stock Exchange started around the time of the California Gold Rush. This Exchange helped with the business side of the mining industry.
  • Outbreak of the Civil War

    At the outbreak of the Civil War, the NYSE suspends trading in securities of seceding states.
  • Property Rights

    Membership in the NYSE becomes a "property right," enabling members to sell their seats.
  • Black Friday

    The collapse of the US gold market.
  • Panic of 1873

    Jay Cooke & Company, a prestigious Philadelphia banking firm, fails on September 19 due to over speculation in railroad stocks. The NYSE closes for ten days as a severe financial panic grips the nation.
  • Panic of 1884

    Grand Ward Brokerage Firm goes under leading to the collapse of 15 other firms.
  • Panic of 1896

    A small economic depression hit the US
  • Blue Sky Law

    Kansas adopts the 'Blue Sky' Law, which requires companies issuing securities to file a description of their operations and receive a permit before selling stocks. It also imposes registration requirements on brokers who sell securities. Within two years, 22 other states pass similar laws. An effort to pass a similar law at the federal level fails.
  • Wall Street Crash of 1929

    Lasting over 4 years, the bursting of the speculative bubble in shares led to further selling as people who had borrowed money to buy shares had to cash them in, when their loans were called in. Also called the Great Crash or the Wall Street Crash, leading to the Great Depression.
  • Securities Act of 1933

    The Securities Act of 1933 was "enacted as a result of the market crash of 1929. The legislation had two main goals: (1) to ensure more transparency in financial statements so investors can make informed decisions about investments, and (2) to establish laws against misrepresentation and fraudulent activities in the securities markets
  • September 11

    September 11 caused global stock markets to drop significantly, including the USA.
  • 2008 Crash

    Due to large amounts of failures from the top financial solutions of the world, numerous bnks closed and threw the entire globe for a loop. One symbol that the market was crashing was the bankruptcy of Lehman Brothers. Lehman Brothers was a major financial service for companies all over the globe.
  • STOCK Act

    The House of Representatives on approved a bill that would prevent members of Congress from trading stocks based on nonpublic information they have obtained in the course of their congressional work. The bill, which was approved 417 to 2, is similar to a bill approved by the Senate, but does not include a provision regulating those in the financial information business.