New York Stock Exchange: Milestones And Longevity

1. When did the Dow Jones Industrial Average first close over 10,000?

March 29, 1979

March 29, 1989

March 29, 1999

March 29, 2009

On March 29, 1999, the Dow Jones Industrial Average first closed over 10,000. This means that on that particular day, the average of the stock prices of the 30 major companies listed on the Dow Jones Industrial Average exceeded the 10,000 mark. This milestone was significant as it reflected the overall strength and growth of the stock market at that time.

Explanation

On March 29, 1999, the Dow Jones Industrial Average first closed over 10,000. This means that on that particular day, the average of the stock prices of the 30 major companies listed on the Dow Jones Industrial Average exceeded the 10,000 mark. This milestone was significant as it reflected the overall strength and growth of the stock market at that time.

2. When did stock share trading volume for the NYSE first go over 1 billion?

1997

2000

2003

2006

In 1997, the stock share trading volume for the NYSE first went over 1 billion.

Explanation

In 1997, the stock share trading volume for the NYSE first went over 1 billion.

3. David Granger has the longest service membership as a New York Stock Exchange Member. When did he become a member?

1916

1926

1936

1946

David Granger became a member of the New York Stock Exchange in 1926.

Explanation

David Granger became a member of the New York Stock Exchange in 1926.

4. Browne & Company is the oldest company listed on the NYSE. It was first listed on the NYSE in 1999, but when was it founded?

1850

1825

1800

1775

Browne & Company, the oldest company listed on the NYSE, was founded in 1775. This means that it has a long history and has been in operation for over two centuries. It was first listed on the NYSE in 1999, but its founding dates back to 1775.

Explanation

Browne & Company, the oldest company listed on the NYSE, was founded in 1775. This means that it has a long history and has been in operation for over two centuries. It was first listed on the NYSE in 1999, but its founding dates back to 1775.

5. When did stock share trading volume for the NYSE first go over 100 million?

1982

1984

1986

1988

In 1984, the stock share trading volume for the NYSE first went over 100 million.

Explanation

In 1984, the stock share trading volume for the NYSE first went over 100 million.

6. When did the Dow Jones Industrial Average first close over 100?

January 12, 1886

January 12, 1896

January 12, 1906

January 12, 1916

On January 12, 1906, the Dow Jones Industrial Average first closed over 100. This means that the combined value of the stocks in the index exceeded 100 for the first time on that date. This milestone is significant because it indicates the overall growth and strength of the stock market at that time.

Explanation

On January 12, 1906, the Dow Jones Industrial Average first closed over 100. This means that the combined value of the stocks in the index exceeded 100 for the first time on that date. This milestone is significant because it indicates the overall growth and strength of the stock market at that time.

7. When did stock share trading volume for the NYSE first go over 10 million?

1919

1929

1939

1949

In 1929, the stock share trading volume for the NYSE first went over 10 million. This suggests that prior to 1929, the trading volume did not reach this significant milestone.

Explanation

In 1929, the stock share trading volume for the NYSE first went over 10 million. This suggests that prior to 1929, the trading volume did not reach this significant milestone.

8. What has been the longest-listed company on the NYSE?

Ford Motor Company

Con Edison

US Steel

General Electric

Con Edison has been the longest-listed company on the NYSE. This means that it has been listed on the New York Stock Exchange for the longest period of time compared to the other options.

Explanation

Con Edison has been the longest-listed company on the NYSE. This means that it has been listed on the New York Stock Exchange for the longest period of time compared to the other options.