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Beginnings Of The Stock Market
Beginning of paper
At the tail end of the 19th century, boasting a list of business contacts made reporting on gold and silver prospecting in a Colorado mining town called Leadville, Charles Dow left the frontier for the nation's financial hub, New York City. He found a job at the Kiernan News Agency, a service that distributed handwritten business news to .... Middle of paper
.... Dow used twelve companies and expanded into the American economy's bustling industrial sector, companies with names like National Lead and U.S. Rubber. The first measurement of the Dow Jones Industrial Average was 40.94, and it sagged back down close to that number at 41.22 points in 1932 during the throes of the Great Depression. Forty years later the index broke 1,000, and today it's barreling down on the 9,000 mark.
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Number of words: 267
Number of pages: 1 (approx. 250 words per double-spaced page)
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