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The New York Stock Exchange’s 200 years of ups and downs After 220 years of independence, the New York Stock Exchange, a.k.a the Big Board, may be acquired by Atlanta-based Intercontinental Exchange.
May 17, 1792
This image depicts the signing of the original brokers' agreement that founded the New York Stock Exchange. The deal, called the Buttonwood Agreement, gets its name from the tree under which it was signed. Only five securities were traded that year. The first listed company was the Bank of New York, according to the Library of Congress.
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April 22, 1903
In 1903, the exchange moved to its current location at 18 Broad Street. Here's how the exchange looked in 1930. The trading posts were eventually replaced by horseshoe-shaped trading posts.
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Oct. 25, 1929
Panic selling among stock brokers continues from the previous day. Investors enjoyed a prosperous time through much of the 1920s as stock prices reached new highs. But in late October, the bubble burst and people started to panic. On Oct. 24, 1929, or Black Thursday, the market crashed, marking the start of the Great Depression.
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Oct. 24, 1939
A porter cleans up the pile of ticker tape after the market closed, exactly 10 years after the crash that triggered a worldwide depression. It was a quiet day with only 1.16 million shares changing hands — but the market still required a cleanup. The day the market crashed on Black Thursday, about 16 million shares were traded.
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Oct. 24, 1929
People gather near the New York Stock Exchange on Black Thursday. Thousands of investors lost their savings on Oct. 29 in the worst stock market crash in Wall Street history, after the five-day frenzy of heavy trading following Black Thursday. Too much speculation with borrowed money had inflated market values unrealistically. Huge buying orders, hastily erected by powerful financial interest, finally checked the most frantic sell-off experienced by the securities markets.
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Aug. 11, 1941
Richard Whitney, former president of the New York Stock Exchange, leaves Sing Sing prison on parole in Ossining, N.Y., after serving 40 months of a five- to 10-year sentence for stealing $214,000 from clients. Whitney was known for helping the exchange through the stock market crash of 1929.
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Oct. 28, 1942
During World War II, New York Stock Exchange employees went through a basic six-week military course. Here, some employees are shown carrying wooden guns. Americans believed that NYSE employees might be needed to defend their homeland.
Matty Zimmerman
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April 28, 1943
Miss Hazel Hanzelin, 18, telephones the latest prices to her firm’s office from the floor of the New York Stock Exchange, where she became the first woman to work on the trading floor. She was formerly an order clerk in the Wall Street financial district.
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March 30, 1948
Police and protesters scuffle at the entrance of the New York Stock Exchange on the second day of a United Financial Employees Union strike against the exchange. About 1,000 union members protested in hopes of getting paid better wages, according to Forbes.
Anthony Camerano
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Nov. 21, 1963
President John F. Kennedy and first lady Jacqueline Kennedy greet Latino activists at in Houston's Rice Hotel on the day before the president was assassinated. The New York Stock Exchange closed early the next day to prevent investors from panic selling, according to the exchange’s Web site.
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May 8, 1970
A group of construction workers wearing hard hats and carrying American flags push their way into a group of antiwar demonstrators gathered in front of the New York Stock Exchange.
Ed Ford
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1970
Joseph L. Searles, right, became the first black member of the New York Stock Exchange.
Harry Harris
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Oct. 19, 1987
Traders on the floor of the New York Stock Exchange work frantically as panic selling swept Wall Street. The stock market crashed with the Dow Jones Industrial Average plunging 508 points, or 22.6 percent. That was the biggest one-day drop ever at that time, according to the exchange.
Peter Morgan
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Feb. 28, 1995
Traders on the floor of the New York Stock Exchange write down orders at the beginning of the trading day following the Barings Bank derivatives trading fiasco.
Henny Ray Abrams
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AFP/Getty Images
Sept. 16, 2001
A New York City police officer wears a mask while standing guard at the corner of Broad and Exchange streets. Five days after the Sept. 11 terrorist attacks, workers vacuum away ash and debris from in front of the New York Stock Exchange in preparation of the reopening of the exchange.
Roberto Borea
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February 2006
Eduardo Akamine of Brazil waves his red jacket in front of the bronze “Charging Bull” sculpture in the Financial District of New York. The bull's sculptor, Maestro Arturo Di Modica, dropped his artwork in front of the New York Stock Exchange in 1989 under a giant Christmas tree. The bull was later moved down the street after the NYSE did not want it there.
Diane Bondareff
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June 2, 2006
John A. Thain, chief executive of the New York Stock Exchange Group, right, and Jean-Francois Theodore, chief executive of Euronext, attend a news conference after the NYSE said it would acquire Euronext for about $10 billion. The next year, the two merged.
Joel Saget
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AFP/Getty Images
Oct. 9, 2008
Justin Bohan holds his head as he works at his post at the New York Stock Exchange, when the Dow fell nearly 700 points.
Richard Drew
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AP
Nov. 27, 2009
Traders work the floor at the New York Stock Exchange, some with their children, on the NYSE's Kids Day.
Michael Nagle
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Getty Images
July 16, 2009
Donald Civitanova, center, conducts trading on the floor of the New York Stock Exchange.
Richard Drew
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AP
Nov. 17, 2011
An Occupy Wall Street protester yells as he is arrested by the police after blocking an intersection near the New York Stock Exchange in New York.
Seth Wenig
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AP
Oct. 29, 2012
All major U.S. stock and options exchanges closed with Hurricane Sandy nearing landfall on the East Coast, leaving the New York Stock Exchange empty of traders.
Richard Drew
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AP
July 26, 2012
Philip Finale works at his post on the floor of the New York Stock Exchange. Stocks soared after the president of the European Central Bank vowed to preserve the continent's monetary union.
Richard Drew
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AP
Not only have business CEOs rung the bell at the New York Stock Exchange, but celebrities have, too. In this composite are, clockwise from top left, the Aflac duck, Darth Vader, the Green Bay Packers and President Ronald Reagan. In 1985, Reagan was the first U.S. president to ring the exchange's bell.
First three clockwise from top left: Richard Drew
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Composite of AP photographs
Dec. 20, 2012
The New York Stock Exchange and Atlanta-based stock market operator InterContinental Exchange announced that ICE will buy “The Big Board” for $8.2 billion, creating the world's biggest market operator. The deal is pending regulatory approval.
Stan Honda
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AFP/Getty Images
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