this day in market history

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Nov. 11, 1993, market forecaster Joe Granville predicted a 20% drop in the Dow Jones Industrial Average. Where The Market Was: The Dow finished the day at 3,662.43. The S&P 500...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1903, The Dow Jones Industrial Average hit its low point for the bear market known as the “Rich Man’s Panic.” Where The Market Was: The Dow finished the day at...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2008, Barack Obama was elected the first African American president of the United States. Where The Market Was: The Dow finished the day at 9,625.28. The S&P 500 finished at 1...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Nov. 2, 1994, Quaker Oats Co. announced a $1.7-billion buyout of Snapple Beverage Co. Where The Market Was: The Dow Jones Industrial Average traded at 3,837.13, and the S&P 500 finished...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Oct. 28, 2008, the Dow and S&P 500 each gained roughly 11% on optimism surrounding another potential Federal Reserve interest rate cut. Where The Market Was: The Dow Jones Industrial...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Oct. 26, 1949, President Harry Truman raised the minimum wage from 40 cents to 75 cents. Where The Market Was: The S&P 500 traded near 16.11, while the Dow Jones Industrial Average...

Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On Oct. 24, 1929, the Dow Jones plunged 11% to kick off the first U.S. stock market crash. Where The Market Was  The S&P 500 was slipping from 27.99 at the start of October to a 20.58...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2002, cyber attackers attempted unsuccessfully to disrupt global internet services. Where The Market Was: The Dow finished the day at 8,538.24. The S&P 500 finished...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Oct. 19, 1987, the Dow Jones plunged 22.6% for its worst daily percentage drop in history. The day is now known as “Black Monday.” Where The Market Was: The S...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1996, the Dow Jones Industrial Average reached 6,000 for the first time. Where The Market Was: The Dow finished the day at 6,010. The S&P 500 finished at 703.54....

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Oct. 7, 1996, Rupert Murdoch launched The Fox News Channel. Where Was The Market? The S&P 500 closed around 703.34, and the Dow Jones Industrial Average closed around...

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened: On Oct. 5, 1947, President Harry Truman delivered the first televised presidential speech — an appeal for Americans to limit grain, meat and egg intake to redistribute stock to...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day in 2008, U.S. President George W. Bush signed the $700-billion Troubled Asset Relief Program bailout into law. Where The Market Was The Dow closed at 10,325.38 and the S...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day in 1985, the New York Stock Exchange moved its opening bell from 10:00 a.m. to 9:30 a.m. Where The Market Was: The Dow closed at 1,328.63 and the S&P 500 traded at 182....

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day in 2008, the Federal Deposit Insurance Corporation seized control of Wachovia. Where The Market Was: The Dow closed at 11,143.13 and the S&P 500 traded at 1,213.27....