Category: market history

This Day in Market History: Judge Orders Breakup of Microsoft

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2000, U.S. District Court Judge Thomas Penfield Jackson ruled that Microsoft Corporation was a monopoly and must be broken up into two companies. Where the Market Was The Dow closed at 10,812.86. The…


This Day in Market History: Wachovia Buys A.G. Edwards

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 31, 2007, Wachovia bought A.G. Edwards for $6.8 billion. Where the Market Was The Dow closed at 13,627.64. The S&P 500 traded at around 1,530.62. What Else Was Going on in the World? In…


This Day in Market History: AOL Is Founded

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 24, 1985, Quantum Computer Sciences was founded in Delaware. Where The Market Was The Dow finished the day at 1,301.97. The S&P 500 traded at 188.29. What Else Was Going on in the World?…


This Day in Market History: Netflix Goes Public

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 23, 2002, Netflix, Inc. went public. Where the Market Was The Dow finished the day at 10,216.08. The S&P 500 traded at 1,097.08. What Else Was Going on in the World? In 2002, U.S….


This Day in Market History: Bear Stearns Merges With JPMorgan

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 16, 2008, Bear Stearns merged with JPMorgan Chase & Co. Where The Market Was The Dow finished the next day at 11,972.25. What Else Was Going On in The World? In 2008, U.S. property…


This Day in Market History: Dow 100 in 1896

Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 12, 1896, the Dow Jones Industrial Average broke 100 for the first time. What Else Was Going On in the World? In 1906, a massive earthquake in San Francisco killed as many as 3,000…