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This Day In Market History, Jan. 22: The First ETF Debuts (NYSE:SPY)

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Each day, Benzinga takes a look back at a notable market-related moment that happened on this date.
What Happened: On this day in 1993, the first exchange-traded fund, the
SPDR S&P 500 ETF Trust (NYSE: SPY), launched on the American Stock Exchange.
Where Was The Market: The S&P 500 closed at 436.11, while the Dow Jones Industrial Average closed at 3,256.80.
What Else Was Going On In The World: Whitney Houston’s “I Will Always Love You” topped charts for its ninth consecutive week, while
Walt Disney Co (NYSE: DIS)’s Aladdin began its fourth week as box office leader.
The ETF Is Born: After launching around $45 per share, more than 1 million shares of State Street’s Standard & Poor’s Depository Receipt traded on the fund’s first day. The SPY went on to become the highest volume ETF in history and the first of more than 1,400 ETFs traded on U.S. stock exchanges. ....

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The Real Queen's Gambit: True Stories of International Chess Master and Coach, Presented by New Canaan Library via Webinar

Written by KatherineBlance
“The Queen’s Gambit,” Netflix’s blockbuster series about a chess prodigy, has ignited sales of chess boards and a new national obsession with the game. But, before the glamorous world of Beth Harmon, international master Rusa Goletiani and expert coach, Mike Amori, were fully steeped in the world of chess competitions and coaching.
This program will take you into the real world of competitive, high-stakes chess drawing on parallels from The Queen’s Gambit to illuminate true tales of confronting gender inequities, competing against masters, and the life skills benefits the ancient game can have.
The live webinar will be presented on Thursday, January 28 at 7 PM EST via Zoom; please register at newcanaanlibrary.org for sign in information. ....

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Les marchés financiers ont déjà surmonté la pandémie

Les marchés financiers ont déjà surmonté la pandémie
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"Lame ducks" and the tradition of presidential transitions

One of the key rituals of American democracy is the time-honored practice of peacefully handing over the reins of presidential power. Historian Doris Kearns Goodwin discusses what it means to have skipped it this time around. ....

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Dix événements économiques mondiaux remarquables en 2020 | Société

Dix événements économiques mondiaux remarquables en 2020 | Société
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