-
NYSE is formed
The burtonwood agreement is formed and with it the New York Stock Exchange is born. -
Railroads Dominate Trade
The first railroad stock, Mohawk & Hudson, is traded on the NYS&EB. Railroad securities will dominate trading for the rest of the 1800s. -
Panic of 1857
The Ohio Life Insurance & Trust Company collapses. Prices drop eight to ten percent in the course of a single trading session, the culmination of a 45% decline in market value since the beginning of the year. -
Outbreak of the Civil War
At the outbreak of the Civil War, the NYS&EB suspends trading in securities of seceding states. -
Lincoln Assasination
Lincoln is assasinated and the stock market closes for a week, the longest its been closed since its opening. -
The first stock ticker is invented
Invented by Edward A. Calahan, the stock ticker revolutionizes the stock market by bringing current prices to investors everywhere. -
Black Thursday
Stock prices fall sharply on October 24, Black Thursday, with record volume of nearly 13 million shares. Five days later, the market crashes on volume of over 16 million shares -- a level not to be surpassed for 39 years. In popular imagery, the crash has come to mark the beginning of the Great Depression -
First President
William McChesney Martin, Jr., becomes the first full-time salaried president of the exchange. -
First Woman Member
Muriel Siebert becomes the first woman member of the Exchange. -
Industrial wide test
An industry wide test demonstrates the ability to handle volume in excess of 800 million shares a day -
real time tickers
NYSE launches real-time stock tickers on CNBC and CNN-FN. Previously, market data had been delayed 20 minutes. -
Dow Plummets
On October 27, the Dow Jones Industrial Average plummets 554 points, triggering the NYSE's "circuit breaker" rule for the first time. Trading halts at 3:30 p.m. -
The DJIA tops 10,000
On March 19, the Dow Jones Industrial Averages tops 10,000 for the first time -
9/11
On September 11, terrorist attacks destroy the World Trade Center. The NYSE closes for four days -- its longest closure since 1933 -- and reopens on Sept. 17, setting a record volume of 2.37 billion shares. -
The longest bull run begins
The longest bull run market on record begins. Stock prices will rise, without significant interruption, for the next eight years.
