How much do you know about the history of the stock market? This stock market timeline can help you understand a bit about where the stock market comes from, where it is, and where it might be going, which is always a good idea to know whenever you are considering investing your hard-earned dollars in anything.
In 1685, planners laid out the area now known as Wall Street; it was erected along a wooden stockade or Barrier that was built to protect people (Dutch) from warring enemies. A hundred or so years later, the Revolutionary War happens and ends, which leads to the next major milestone in the NYSE.
In 1790, all the debt incurred because of the Revolution gets refinanced by the government.
In 1792, two bank stocks and three government bonds are traded in New York City. Yes, you read that right. Five securities. A group of pioneering and important men gather on Wall Street and make plans to start selling securities for commission. They sign the Buttonwood Agreement.
IN 1817, the New York Stock & Exchange Board (NYS&EB) is created.
Around 1830, it becomes evident that the major trading in the Exchange is railroad stocks. They are...
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