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NASDAQ, founded in 1972 was the first electronic stock market. It was originally designed only as an electronic quotation system, with no ability to perform electronic trades. [ 16 ] Other systems soon followed and by the turn of the century, every exchange was using this model.
Stock ticker machines are an ancestor of the modern computer printer, being one of the first applications of transmitting text over a wire to a printing device, based on the printing telegraph. This used the technology of the then-recently invented telegraph machines , with the advantage that the output was readable text, instead of the dots ...
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies that are sold to investors ...
The largest one-day percentage gain in the index happened in the depths of the 1930s bear market on March 15, 1933, when the Dow gained 15.34% to close at 62.10. However, as a whole throughout the Great Depression, the Dow posted some of its worst performances, for a negative return during most of the 1930s for new and old stock market investors.
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
The S&P 500 (SNPINDEX: ^GSPC) is widely regarded as the single best gauge for the overall U.S. stock market. The S&P 500 has advanced 24% year to date, as of Dec. 30, propelled upward by strong ...
Jones, a Brown University dropout, could skillfully and quickly analyze a financial report. He, like Dow, was committed to reporting on Wall Street without bias. Other reporters could be bribed into reporting favorably on a company to drive up stock prices. Dow and Jones refused to manipulate the stock market.
The election results helped deliver the stock market's best monthly gain of the year, with the Dow Jones and S&P 500 rising 7.5% and 5.7%, respectively in November.