On this day in market history
One story for every day of the year: the crashes, bubbles, bankruptcies and brilliant calls that shaped how money works, each with the lesson it teaches. A new one leads the Sixty-40 homepage every morning.
January
12002 · Euro notes and coins hit the tills22019 · Tim Cook writes a letter nobody wanted to read32009 · Bitcoin's genesis block is mined42016 · China's new circuit breaker trips on day one51914 · Henry Ford announces the $5 workday61981 · Joe Granville tells everyone to sell everything72021 · Elon Musk becomes the world's richest person81982 · AT&T agrees to break itself up92007 · Steve Jobs unveils the iPhone102000 · AOL and Time Warner announce a megamerger112008 · Bank of America agrees to buy Countrywide122010 · Google threatens to leave China132012 · Costa Concordia runs aground off Italy142000 · The Dow peaks at the height of the dot-com mania152015 · The Swiss franc breaks loose162009 · Bank of America needs a second rescue171991 · Oil collapses as Desert Storm begins182022 · Microsoft bids for Activision Blizzard192012 · Kodak files for bankruptcy202009 · Stocks greet a new president with a plunge211980 · Gold spikes to $850 an ounce222008 · The Fed slashes rates in an emergency232020 · China locks down Wuhan241984 · The Macintosh goes on sale252019 · Vale's Brumadinho dam collapses262021 · Elon Musk tweets one word: Gamestonk272010 · Apple unveils the iPad282021 · Robinhood stops the GameStop rally292016 · The Bank of Japan goes negative302007 · Windows Vista launches to consumers311990 · McDonald's opens in Moscow
February
12008 · Microsoft bids $44.6 billion for Yahoo22021 · Jeff Bezos says he will step down as Amazon CEO32022 · Meta loses a record chunk of value in a day41994 · The Fed starts the great bond massacre52018 · Volmageddon: the Dow drops 1,175 points61959 · Jack Kilby files the integrated circuit patent72014 · Mt. Gox halts bitcoin withdrawals81971 · Nasdaq opens for business92016 · Deutsche Bank insists it is rock-solid102009 · Geithner's bank plan sinks stocks112011 · Nokia bets the company on Microsoft122008 · GM reports a $38.7 billion annual loss131990 · Drexel Burnham Lambert goes bankrupt142013 · Berkshire and 3G buy Heinz151955 · GE announces man-made diamonds161990 · Cisco goes public172009 · Obama signs the $787 billion stimulus182021 · Congress grills the GameStop crowd192020 · The S&P 500 hits a record before COVID202015 · Greece gets a four-month lifeline211947 · Edwin Land shows off instant photography221879 · Woolworth opens its first five-cent store231995 · The Dow closes above 4,000242022 · Russia invades Ukraine and its markets crash251913 · The income tax becomes constitutional261995 · Barings collapses after one trader's bets272007 · Shanghai sneezes and the world catches cold282009 · Buffett's letter: beware of geeks bearing formulas292020 · The US reports its first COVID-19 death
March
12018 · Trump announces steel and aluminum tariffs22009 · AIG posts the largest quarterly loss ever32020 · The Fed makes an emergency rate cut41933 · FDR takes office as the banks close52013 · The Dow finally beats its 2007 peak62009 · The S&P 500 touches 66671876 · Alexander Graham Bell gets his telephone patent81817 · The New York Stock Exchange gets its constitution92009 · The bear market bottoms102000 · The Nasdaq peaks at 5,048112011 · Japan's earthquake and tsunami122020 · Black Thursday: the worst day since 1987131986 · Microsoft goes public142008 · Bear Stearns gets a lifeline that was not enough151933 · The Dow's best day ever162020 · The Dow drops nearly 3,000 points171968 · The gold pool collapses182009 · The Fed fires its bazooka192023 · UBS rescues Credit Suisse202003 · The Iraq War begins212006 · Jack Dorsey sends the first tweet221993 · Intel introduces the Pentium232020 · The COVID crash bottoms242000 · The S&P 500 peaks in the dot-com bubble251957 · The Treaty of Rome creates the common market262021 · Archegos blows up271980 · Silver Thursday281979 · Three Mile Island partially melts down291999 · The Dow closes above 10,000301867 · The US agrees to buy Alaska311980 · Congress starts freeing interest rates
April
11976 · Apple is founded, and one co-founder cashes out early22009 · Accountants loosen mark-to-market and the Dow tops 8,00032018 · Spotify skips the IPO and lists directly41975 · Microsoft is founded in Albuquerque51933 · FDR orders Americans to hand in their gold61998 · Citicorp and Travelers announce the merger that made Citigroup71964 · IBM bets the company on System/36081935 · Congress funds the Works Progress Administration92012 · Facebook buys Instagram for $1 billion102018 · Zuckerberg testifies and Facebook stock rises111976 · The Apple I goes on sale for $666.66121996 · Yahoo goes public and more than doubles131997 · Tiger Woods wins the Masters and Nike's bet pays off142000 · The Nasdaq drops nearly 10% in a day151955 · Ray Kroc opens his first McDonald's162010 · The SEC charges Goldman Sachs with fraud171964 · Ford unveils the Mustang182019 · Zoom goes public and pops 72%192022 · Netflix reports its first subscriber loss in a decade202020 · US oil prices go negative211989 · Nintendo launches the Game Boy221889 · The Oklahoma Land Rush begins at noon231985 · Coca-Cola launches New Coke242015 · The Apple Watch arrives252019 · Microsoft reaches a $1 trillion market value261986 · Chernobyl's reactor explodes271981 · Xerox unveils the Star, and lets others profit from it282003 · Apple opens the iTunes Music Store292004 · Google files to go public, Dutch auction and all302019 · Buffett lends Occidental $10 billion to win Anadarko
May
11975 · May Day: fixed commissions die and Vanguard is born22019 · Beyond Meat soars 163% on its debut31999 · The Dow closes above 11,00041999 · Goldman Sachs finally goes public51893 · The Panic of 1893 hits Wall Street62010 · The Flash Crash71998 · Daimler-Benz and Chrysler announce a merger of equals81886 · The first Coca-Cola is sold in Atlanta91901 · A fight over Northern Pacific triggers the Panic of 1901101965 · Warren Buffett takes control of Berkshire Hathaway111997 · Deep Blue beats Kasparov122021 · Musk stops accepting Bitcoin for Teslas132022 · FDA approves Lilly's Mounjaro142018 · The Supreme Court opens the door to sports betting151997 · Amazon goes public at $18 a share162000 · The Fed raises rates by half a point to 6.5%171792 · Brokers sign the Buttonwood Agreement182012 · Facebook's bumpy IPO192021 · Bitcoin's May crash201999 · eToys more than triples on its IPO212015 · Shopify goes public222010 · Two pizzas for 10,000 Bitcoin232002 · Netflix goes public at $15241844 · Morse sends the first long-distance telegraph message252006 · Mastercard goes public below its target261896 · The Dow Jones Industrial Average debuts271933 · FDR signs the Securities Act281962 · The Kennedy Slide292008 · Bear Stearns shareholders accept their fate302023 · Nvidia joins the trillion-dollar club312018 · US slaps steel tariffs on its allies
June
12009 · General Motors files for bankruptcy22021 · AMC soars 95% in a day32002 · Tyco's CEO resigns ahead of a tax indictment42021 · FDA approves Wegovy for obesity52023 · The SEC sues Binance62005 · Apple announces a switch to Intel chips72021 · FDA approves Aduhelm, Biogen jumps 38%82020 · Officially a recession, and stocks erase their losses92021 · El Salvador makes Bitcoin legal tender102020 · The Nasdaq closes above 10,000112020 · The Dow plunges 1,861 points122015 · China's stock bubble peaks132018 · Adyen nearly doubles on its Amsterdam debut141951 · UNIVAC I goes to work for the Census Bureau152022 · The Fed hikes 75 basis points162017 · Amazon buys Whole Foods171930 · Hoover signs the Smoot-Hawley tariff182020 · Wirecard admits 1.9 billion euros may not exist192018 · GE is kicked out of the Dow202013 · Gold sinks below $1,300 after the Fed's taper talk211970 · Penn Central collapses into bankruptcy222007 · Blackstone goes public at the top232004 · Salesforce goes public, ticker CRM242016 · Britain votes for Brexit and markets panic252002 · WorldCom admits $3.8 billion in fake profits261992 · Starbucks goes public272008 · Bill Gates' last day as a full-time Microsoft employee282020 · Chesapeake Energy files for bankruptcy292010 · Tesla goes public at $17302004 · The Fed starts its first rate hikes in four years
July
11979 · Sony puts music in your pocket21997 · Thailand lets the baht go31884 · Charles Dow starts counting41996 · Hotmail declares independence from your ISP51994 · A bookstore called Cadabra62016 · Pokemon Go sends Nintendo shares soaring72005 · London bombings, and a market that held its nerve81932 · The Dow hits rock bottom at 41.2292008 · Activision and Blizzard join forces102008 · Apple opens the App Store112008 · Oil peaks at $147 a barrel122006 · EU fines Microsoft for dragging its feet132008 · Paulson asks for powers to rescue Fannie and Freddie142008 · InBev buys Anheuser-Busch for $52 billion152006 · Twitter opens to the public161997 · The Dow closes above 8,000171955 · Disneyland opens, chaotically181968 · Robert Noyce and Gordon Moore found Intel192007 · The Dow tops 14,000 for the first time201933 · A speculative rally hits a wall212010 · Dodd-Frank becomes law221944 · Bretton Woods rebuilds the money system231996 · Garzarelli calls a crash that never comes242002 · Adelphia founders arrested; Dow soars anyway252016 · Verizon buys Yahoo's core for $4.8 billion262018 · Facebook loses about $119 billion in a day272018 · Twitter follows Facebook off a cliff281914 · War begins and markets start to break292015 · Windows 10 arrives as a free upgrade302002 · Sarbanes-Oxley signed into law311914 · The NYSE shuts its doors for months
August
12012 · Knight Capital loses $440 million in 45 minutes22018 · Apple becomes the first trillion-dollar US company31932 · The Dow jumps 9.5 percent in a day42011 · Dow drops more than 500 points on debt fears52011 · S&P strips the US of its AAA rating61997 · Microsoft throws Apple a $150 million lifeline72018 · Musk tweets 'funding secured' at $42082011 · Downgrade Monday: Dow falls 634 points91995 · Netscape's IPO kicks off the dot-com era102015 · Google reorganizes itself as Alphabet112015 · China devalues the yuan121981 · IBM launches the personal computer132013 · Carl Icahn tweets about Apple141935 · FDR signs the Social Security Act151971 · Nixon closes the gold window162007 · Countrywide taps its entire $11.5 billion credit line171998 · Russia devalues and defaults181982 · NYSE trades 100 million shares in a day192004 · Google goes public by auction202012 · Apple becomes the most valuable company ever211888 · Burroughs patents his adding machine222013 · Nasdaq freezes for three hours232019 · A trade war tweet storm sinks the Dow 623 points241995 · Windows 95 launches with a Rolling Stones soundtrack252011 · Buffett invests $5 billion in Bank of America262015 · The Dow rebounds 619 points272020 · The Fed changes how it targets inflation281898 · Brad's Drink becomes Pepsi-Cola292005 · Hurricane Katrina hits the Gulf Coast301930 · Warren Buffett is born in Omaha311976 · Vanguard launches the first index fund for the public
September
11998 · The Dow bounces back 288 points21969 · America's first ATM opens on Long Island31929 · The Dow peaks before the Great Crash41998 · Google is incorporated51929 · The Babson Break62011 · Switzerland caps the franc72008 · Fannie Mae and Freddie Mac taken over81998 · The Dow posts a record 380-point gain92014 · Apple unveils Apple Pay and the Apple Watch102010 · Nokia hires Stephen Elop from Microsoft112001 · Terror attacks close Wall Street121958 · Jack Kilby demonstrates the integrated circuit132012 · The Fed launches open-ended QE3142007 · Northern Rock triggers Britain's first bank run in generations152008 · Lehman Brothers files for bankruptcy162008 · The government rescues AIG172001 · Stocks reopen and plunge after 9/11182007 · The Fed cuts rates by half a point192014 · Alibaba stages the biggest IPO ever201873 · The NYSE closes in the Panic of 1873211931 · Britain leaves the gold standard221985 · The Plaza Accord takes down the dollar231998 · Wall Street bails out LTCM241869 · Black Friday: the great gold corner collapses252008 · Washington Mutual becomes the largest US bank failure262019 · Peloton pedals into a rocky IPO271908 · The first Model T rolls out282008 · Benelux governments rescue Fortis292008 · House rejects bailout, Dow drops 778 points301985 · The NYSE opens at 9:30 for the first time
October
11908 · Ford rolls out the Model T22014 · JPMorgan admits hackers reached 76 million households32008 · TARP signed as Wells Fargo swoops on Wachovia42021 · Facebook, Instagram and WhatsApp go dark for hours52011 · Steve Jobs dies, one day after a new iPhone61979 · Volcker's Saturday Night Special72008 · Fed offers to buy commercial paper directly82008 · Central banks cut rates together92007 · S&P 500 closes at a record, then the floor gives way102008 · The Dow ends its worst week ever112016 · Samsung kills the exploding Galaxy Note 7122015 · Dell agrees to buy EMC for about $67 billion131989 · Friday the 13th mini-crash142008 · Washington buys stakes in the big banks152018 · Sears files for bankruptcy161923 · Walt and Roy Disney start a cartoon studio171973 · Arab oil producers wield the oil weapon181985 · Nintendo tests the NES in New York191987 · Black Monday: the Dow loses 22.6 percent202020 · US sues Google over search dominance212004 · Google's first report card as a public company222001 · Enron reveals the SEC is asking questions232001 · Apple unveils the iPod241929 · Black Thursday252001 · Windows XP goes on sale261958 · Pan Am launches the jet age271997 · Asian crisis triggers the first circuit breakers282018 · IBM bets $34 billion on Red Hat291929 · Black Tuesday302012 · Disney buys Lucasfilm and Star Wars312008 · Satoshi publishes the Bitcoin white paper
November
11999 · Microsoft and Intel join the Dow22017 · Jerome Powell is nominated to run the Fed32010 · The Fed launches QE242007 · Citigroup's Chuck Prince steps down51999 · Judge declares Microsoft a monopoly62013 · Twitter prices its IPO at $2672000 · Pets.com announces it will shut down82022 · Binance agrees to rescue FTX, for a day92020 · Pfizer's vaccine news sparks a huge rotation102008 · AIG's bailout grows to about $150 billion112022 · FTX files for bankruptcy121999 · Glass-Steagall's wall comes down132017 · GE cuts its dividend in half141972 · The Dow closes above 1,000 for the first time151971 · Intel advertises the first microprocessor162020 · Moderna reports a 94.5 percent effective vaccine171997 · A major Japanese bank collapses182008 · Detroit's bosses fly private jets to beg for aid192007 · Amazon launches the Kindle202008 · S&P 500 sinks to an 11-year low211995 · The Dow crosses 5,000221963 · Markets close early after JFK is shot232008 · The government throws Citigroup a lifeline241997 · Yamaichi Securities collapses252008 · The Fed launches what became QE1262021 · Omicron spoils Black Friday272009 · Dubai's debt shock rattles global markets282017 · Bitcoin crosses $10,000292011 · American Airlines files for bankruptcy301999 · Exxon and Mobil complete their merger
December
12008 · Recession made official, Dow drops 680 points22001 · Enron files for bankruptcy32019 · Google's founders hand over the keys41991 · Pan Am makes its last flight51996 · Greenspan warns of irrational exuberance61974 · The Dow hits bottom of a brutal bear market72004 · IBM sells its PC business to Lenovo81993 · NAFTA is signed into law91999 · VA Linux soars nearly 700 percent on day one102017 · Bitcoin futures arrive on Wall Street112008 · Bernie Madoff is arrested121980 · Apple goes public132019 · US and China announce a phase one trade deal142017 · Disney agrees to buy much of 21st Century Fox152000 · Congress passes the Commodity Futures Modernization Act162008 · The Fed cuts rates to zero172017 · Bitcoin peaks near $20,000182013 · The Fed begins tapering192008 · Bush rescues GM and Chrysler202001 · Argentina's president resigns amid riots211937 · Snow White premieres and saves Disney221994 · Mexico lets the peso float231913 · The Federal Reserve is born242018 · The worst Christmas Eve on record251991 · Gorbachev resigns and the Soviet Union ends262018 · The Dow gains over 1,000 points in a day271945 · The IMF and World Bank come to life281895 · The Lumiere brothers sell the first movie tickets291989 · The Nikkei hits its all-time bubble peak301853 · The Gadsden Purchase is signed311999 · Nasdaq ends its best year ever