Tag Archives: This Day In Financial History

This Day In Financial History – Jan 23

From the Great Jason Zweig January 23: 1987: Daily trading volume on the New York Stock Exchange exceeds 300 million for the first time, as 302.4 million shares change hands. Museum of American Financial History; http://www.nyse.com/marketinfo 1932: The Reconstruction Finance Corp. is created … Continue reading

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This Day In Financial History – Jan 18

From the Great Jason Zweig January 18: 2000: Its impossible to pay too much for a good stock, a leading investor tells The Wall Street Journal with a straight face. Its a new world order, says Robert Froelich, vice chairman and … Continue reading

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This Day In Financial History – Jan 17

From the great Jason Zweig January 17: 1991: As the U.S. military blasts Baghdad and Kuwait, driving back Saddam Husseins invading troops, the Dow Jones Industrial Average shoots up 4.6% to close at 2623.51. http://www.history.navy.mil/wars/datesjan.htm; http://www.pbs.org/wgbh/pages/frontline/gulf/cron; http://www.desert-storm.com/War/chronology.html; http://averages.dowjones.com   1946: Slow down, … Continue reading

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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. http://www.defenselink.mil/news/Aug2000/n08082000_20008088.html; http://www.desert-storm.com/War/chronology.htmlContinue reading

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