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History of the Stock Market and Wall Street
  1. Wall Street & Stock Market History
    Early in our country's history, Boston was the financial center of America. Bonds for projects such as roads, canals and bridges, and contracts for commodities such as hides and molasses, were bought and sold mostly by Boston dealers. However, there was not yet an official place to conduct such business.

  2. More Wall Street History
    In 1817, the name was changed to the New York Stock and Exchange Board. In 1850 the stock exchange was located at Wall and Hanover, its fifth address. At that time, the Board's total yearly costs including rent and salaries, was less than $5,000.

  3. 1929 Stock Market Crash
    There have been stories about the stock market "crash" of 1929 causing dozens of people to commit suicide by jumping out of windows and even causing the great world-wide depression of the 1930's. It is told that millions of people's fortunes were wiped out on October 28th and 29th in 1929, when the Dow dropped 69 points to 230.

  4. More Stock Market History
    From 1990 to 2000, the NASDAQ had climbed from 373 to a truly amazing 5048. But then it began a 75% slide that shocked investors around the world, wiping out thousands of new millionaires. The 12 months just prior to this meltdown, saw many stocks doubling in as little as a week, and a few were up 5,000% for the year.

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