This Day In Financial History – Jan 16

From the great Jason Zweig

January 16:

1991: The Persian Gulf war begins (at 7 p.m., Eastern Time) as the U.S. transforms Operation Desert Shield into Operation Desert Storm by launching its aerial bombardment of Baghdad and Kuwait.;


1974: The New York Stock Exchange’s systems are so primitive that a single computer glitch at Merrill, Lynch & Co. delays the opening of the trading day by a full 15 minutes.

Today in NYSE History, at

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