this day in history

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Oct. 17, 1973, the Arab-led Organization of Petroleum Exporting Countries announced a cut to oil exports for Israel’s allies in the Yom Kippur War. Where The Market Was...

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened: On May 11, 1931, the bankruptcy of Austria’s largest bank accelerated the financial collapse of Central Europe. Where Was The Market: The S&P 500 was trading around 14....

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened: On July 12, 1909, Congress approved the 16th Amendment empowering the legislature to charge income taxes on individuals and corporations. Where Was The Market: The S&P 500 was...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 54 years ago, the Texas Gulf Sulphur Company announced a major copper strike 350 miles north of Toronto that would become the focus of a landmark insider trading case....