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Symbol Search Stocks

Symbol Search Stocks
Symbol Search Stocks

Stock Market Facts and Fun

A stock is considered to be share of ownership in a certain company. It can be traded, which means, bought or sold. With some of the relics found over the years, there is a good chance that shares of ownership could have begun 8000 B.C., or possibly earlier. Tokens out of clay were used for financial purposes back at that time.
 
The oldest stock exchange in the world started in Antwerp, Belgium, in 1460. The oldest stock exchange in the United States, opened in Philadelphia, in 1790. The oldest commodities exchange in the United States, started in Chicago, in 1848. By the way, all of these trail blazers are still going strong after all these years.
 
The first company listed on the New York Stock Exchange was, the Bank of New York, in 1792.
 
The highest price paid for a seat on the NYSE was $2,650,000, in 1999. The lowest price paid for a seat, was $4,000, in 1876.
 
The Dow Jones Industrial Average first closed over 100 in 1906. It first closed over 1,000 in 1972. It first closed over 10,000 in 1999. See the nice progression. What will be the next major milestone?
 
The first stock tickers and ticker tapes were used in 1867.
 
The stock, First Midwest Federal, has CASH, as its symbol. The stock, Lacrosse Footware, has BOOT, as its symbol. If you do some searching on your own, you can find some really interesting symbols in the various exchanges.
 
The American Stock Exchange was originally called, “The Curb”. This is because traders first started out on the streets of New York City, standing by the curb.
 
The NASDAQ Stock Exchange began in 1971. At that time, its main focus was on OTC stocks. The name is an acronym for National Association of Securities Quotation. Currently, the NASDAQ consists mainly of technology stocks. Google is the highest price per share stock on the exchange.
 
The many stock exchanges from the United States, and around the world, have a great history behind them. Trading stocks are crucial to economies. This trading allows companies to expand, by providing funds in exchange for partial ownership.

8.4 What’s In For You – Symbol Search



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