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Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1996, world chess champion Garry Kasparov defeated
IBM (NYSE: IBM) chess-playing supercomputer Deep Blue.
Where The Market Was: The S&P 500 was at 647.98 and the Dow Jones Industrial Average stood at 5,503.32.
What Else Was Going On In The World? In 1996, DVDs were launched in Japan and the total number of global internet users surpassed 10 million. A loaf of bread cost $1.15.
AI Computer Defeated: In a highly publicized event demonstrating the cutting-edge in artificial intelligence at the time, Deep Blue won just two out of a series of six chess games against Kasparov. The final game on Feb. 17 was a victory for Kasparov.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1966, the Vietnam-era U.S. bull market came to an end. Where Was The Market? The S&P 500 was at 94.06 and the Dow Jones Industrial Average stood at 995.15. What Else Was Going On In The World? In 1966, the Supreme Court ruled that accused criminals must be read their Miranda Rights in order to be convicted, and the.
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Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1966, the Vietnam-era U.S. bull market came to an end.
Where Was The Market? The S&P 500 was at 94.06 and the Dow Jones Industrial Average stood at 995.15.
What Else Was Going On In The World? In 1966, the Supreme Court ruled that accused criminals must be read their Miranda Rights in order to be convicted, and the U.S. Department of Transportation was created. A new car cost an average of $2,650.
Death Of The 1960s Bull: The U.S. economy was booming in the 1960s. An increasing number of Americans bought stocks throughout the decade, sending the Dow near 1,000 for the first time in January 1966. In fact, the huge market boom of the 1960s was not unlike the boom of the 1920s. Between February 1956 and February 1966, the Dow more than doubled, gaining 111%.
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Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day 17 years ago, Mark Zuckerberg launched
Facebook, Inc (NASDAQ: FB).
Where Was The Market? The S&P 500 was trading at 1,126.52 and the Dow Jones Industrial Average was at 10,470.74.
What Else Was Going On In The World? In 2004, CBS News uncovered torture of Iraq prisoners at the Abu Ghraib prison.
The European Union underwent its largest expansion in history, adding Poland, Czech Republic, Estonia, Latvia, Lithuania, Slovakia, Hungary, Slovenia, Malta and Cyprus to the Eurozone.
The average cost of a new house in the U.S. was $274,500.