Tuesday, the Dow was down 173.35 points (0.66%) at 25,962.44, the NASDAQ decreased 54.25 points (0.68%) to 7,948.56, and the S&P 500 fell 23.14 points (0.79%) to 2,900.51. The Russell 2000 closed 10.84 points (0.72%) lower at 1,498.01, and the Wilshire 5000 lost 223.12 points (0.75%) to finish at 29,715.81. The price of the 10-year Treasury note was up 6/32, decreasing its yield to 1.551%. The price of the 30-year Treasury bond increased 1 2/32, bringing its yield down to 2.037%. |
ON THIS DATE: In 1680, the Pueblo Indians drove the Spanish out and took possession of Santa Fe, New Mexico. In 1831, Nat Turner, a former slave, led a violent insurrection in Virginia. In 1841, a patent for venetian blinds was issued to John Hampton. In 1878, the American Bar Association was formed by a group of lawyers, judges and law professors in Saratoga, New York. In 1888, the adding machine was patented by William Burroughs. In 1912, Arthur R. Eldred became the first American boy to become an Eagle Scout. It is the highest rank in the Boy Scouts of America. In 1943, Japan evacuated the Aleutian island of Kiaska. Kiaska had been the last North American foothold held by the Japanese. In 1945, President Harry Truman ended the Lend-Lease program that had shipped about $50 billion in aid to America’s Allies during World War II. In 1959, Hawaii became the 50th state. President Dwight Eisenhower also issued the order for the 50 star flag. In 1984, Victoria Roche, a reserve outfielder, became the first girl to ever compete in a Little League World Series game. In 1984, Clint Eastwood was given a star on the Hollywood Walk of Fame. In 1996, the Health Insurance Portability and Accountability Act of 1996 was signed by President Bill Clinton. In 1997, Afghanistan suspended its embassy operations in the United States. In 1997, Cicely Tyson received a star on the Hollywood Walk of Fame. In 1998, Wesley Snipes received a star on the Hollywood Walk of Fame. WEDNESDAY WISDOM: “A true friend never gets in your way unless you happen to be going down.”—Arnold H. Glasow, humorist and American businessman |