12.07.2018 Views

Investing for Organizational Sustainability

Investing for Organizational Sustainability

Investing for Organizational Sustainability

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

In 1967, Muriel Siebert becomes the first female member of the New York Stock<br />

Exchange.<br />

In 1967, protesters led by Abbie Hoffman throw mostly fake dollar bills at traders<br />

from gallery, leading to the installation of bullet-proof glass.<br />

In 1970, Securities Investor Protection Corporation established.<br />

In 1971, NYSE incorporated and recognized as Not-<strong>for</strong>-Profit organization.<br />

In 1972, DJIA closes above 1,000 <strong>for</strong> the first time on November 14.<br />

In 1977, <strong>for</strong>eign brokers are admitted to NYSE.<br />

In 1980, New York Futures Exchange established.<br />

In 1987, Black Monday, October 19, sees the second-largest one-day DJIA<br />

percentage drop (22.6%, or 508 points) in history.<br />

In 1991, DJIA exceeds 3,000.<br />

In 1995, DJIA exceeds 5,000.<br />

In 1996, real-time ticker introduced.<br />

In 1997, on October 27, a sell-off in Asia's stock markets hurts the U.S. markets<br />

as well; DJIA sees the largest one-day point drop of 554 (or 7.18%) in history.<br />

In 1999, DJIA exceeds 10,000 on March 29.<br />

In 2000, DJIA peaks at 11,722.98 on January 14; first NYSE global index is<br />

launched under the ticker NYIID.<br />

In 2001, trading in fractions ( n ⁄ 16) ends, replaced by decimals (increments of $0.01,<br />

see Decimalization); September 11 attacks occur causing NYSE to close <strong>for</strong> four sessions.<br />

In 2003, NYSE Composite Index relaunched and value set equal to 5,000 points.<br />

In 2006, NYSE and ArcaEx merge, creating NYSE Arca and <strong>for</strong>ming the publicly owned, <strong>for</strong>profit<br />

NYSE Group, Inc.; in turn, NYSE Group merges with Euronext, creating the first trans-<br />

Atlantic stock exchange group; DJIA tops 12,000 on October 19.<br />

In 2007, US President George W. Bush shows up unannounced to the Floor about an hour<br />

and a half be<strong>for</strong>e a Federal Open Market Committee interest-rate decision on January<br />

31; [54] NYSE announces its merger with the American Stock Exchange; NYSE Composite closes<br />

above 10,000 on June 1; DJIA exceeds 14,000 on July 19 and closes at a peak of 14,164.53 on<br />

October 9.<br />

In 2008, DJIA loses more than 500 points on September 15 amid fears of bank failures,<br />

resulting in a permanent prohibition of naked short selling and a three-week temporary ban on<br />

all short selling of financial stocks; in spite of this, record volatility continues <strong>for</strong> the next two<br />

months, culminating at 5½-year market lows.<br />

In 2009, DJIA closes at 6,547.05 on March 9 reaching a 12-year low; DJIA returns to<br />

10,015.86 on October 14.<br />

In 2013, DJIA closes above 2007 highs on March 5; DJIA closes above 16,500 to end the<br />

year.<br />

In 2014, DJIA closes above 17,000 on July 3 and above 18,000 on December 23.<br />

In 2015, DJIA achieved an all-time high of 18,351.36 on 19 May.<br />

In 2015, DJIA dropped over 1,000 points to 15,370.33 soon after open on August 24, 2015,<br />

be<strong>for</strong>e bouncing back and closing at 15,795.72, a drop of over 669 points.<br />

In 2016, DJIA hits an all-time high of 18,873.6.<br />

In 2017, DJIA reaches 20,000 <strong>for</strong> the first time (on January 25).<br />

Page 66 of 214

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!