A comprehensive stock market timeline would probably need to be done in volumes. In the next several hundred words I will attempt to outline important events of the stock market timeline you might wish to know as a general curiosity.
Our stock market timeline begins in 1790, with the federal government issuance of $80 million in U.S. bonds.
In 1792, there are two government bonds and three bank stocks traded for a total of five securities.
Our stock market timeline moves into the 1800s with government bonds, bank stocks, and insurance stocks trading after the War of 1812.
In 1817, a constitution and rules are developed for doing stock trade. At this time, the New York Stock and Exchange Board is formally organized.
Our stock market timeline now moves us to the opening of the Erie Canal in 1825, when New York State bonds are issued to fund the construction.
In 1850 the shares volume reaches 8500, which represents a fifty-fold increase in only seven years.
In 1836, the NYS&EB prohibits it membership from trading stocks in the street.
During the panic of 1857, the Ohio Life Insurance and trust Company collapses and the market realizes a 45% since the start of the year.
In 1863, the New York Stock and Exchange Board becomes the New York Stock Exchange.
In 1903, the New York Stock Exchange and our stock market timeline move into the twentieth century. The stock market celebrates this by moving to its current residence at 18 Broad Street.
One of the most noteworthy occurrences of our stock market timeline is the panic of 1907, during which problems at Knickerbocker Trust cause a run on all the city banks. J. P. Morgan jumps in and shores up funds and ends the run on the banks.
The Federal Reserve is established in 1913.
The stock market timeline sees Wall Street become the investment capital of the world, supplanting London at the end of World War I.
A 23-storey office tower with additional trading space is built next to the original structure.
In 1923, a historic bull market run begins that will span our stock market timeline for most of the next six years.
Black Thursday comes on the stock market timeline on Thursday, October 24, 1919 when stock prices fall sharply on a record volume of 13 million shares.
The stock market timeline has its most pivotal day on Tuesday, October 29, 1929, when the stock market crashes and marks the start of The Great Depression.
In 1990, ten years before our stock market timeline brings us into the twenty-first century, more than 50 million Americans own stock.
On May 17, 1992, our stock market timeline marks the two hundred year anniversary of the NYSE.
On October 27, 1997, the Dow Jones crashes 554 points and triggers the first circuit breaker protection that closes the NYSE at 3:30PM.
Our stock market timeline moves us into the twenty-first century wherein we experience some of the worst financial times since our stock market timeline left the Great Depression. We have now been introduced to federal government bank bailouts and taxpayer-owned corporations. Only time will tell where out stock market timeline takes us next.