-
US investment market is created
federal government refinances war debt. issued $80 million in bonds. first major issues of of traded securities. -
NYSE
24 stockbrokers gathered around to sign an agreement that would establish rules for buying and selling bonds and shares. -
Securities Market
After the civil war ended, the securities market began to grow in NY -
civil war
when the war began, NYS&BE suspended trading in the seceding states -
First Stock Ticker
Edward A. Calahan invented this. Brought stock prices to investors everywhere -
Panic of 1873
Initiated the Long Depression in the United States and most of Europe -
NYSE establishes clearing house
organized to centralize and speed up the process of transferring securities from broker to broker -
Black Thursday
start to the crashing of the stock market -
Black Tuesday
lead to Great Depression -
start of NASDAQ
began as the worlds first electronic stock market, trading for over 2500 securities. -
Black Monday
began in hong kong. spread around the world -
Friday the 13th Mini- Crash
Failed Leverage buyout of United Airlines causes crash -
Black Wednesday
Conservative Gov forced to remove pound sterling from the ERM -
October 27, 1997 -Mini - crash
caused by economic crisis in asia -
Dot-Com Bubble
collapse of technology bubble caused from disaster of 9/11 -
Economic Effects Arising from 9/11
9/11 caused grobal stock markets to downfall quickly -
US Bear Market of 2007-2009
NASDAQ had a 20% drop -
Dow Jones Industrial Average Biggest gain day
gained 11% in one day -
2009 Dubai debt standstill
Dubai requests debt deferment -
2010 Flash Crash
Dow Jones dropped nearly 1000 pts before recovering
