Monday, the Dow closed down 148.04 points (0.61%) at 24,163.15, the NASDAQ fell 53.53 points (0.75%) to reach 7,066.27, and the S&P 500 dropped 21.86 points (0.82%) to 2,648.05. The Russell 2000 fell 14.35 points (0.92%) to 1,541.88, and the Wilshire 5000 lost 213.76 points (0.77%) to close at 27,520.95. The price of the 10-year Treasury note was up 4/32, decreasing its yield to 2.949%. The price of the 30-year Treasury bond increased 7/32, bringing its yield down to 3.117%. |
ON THIS DATE: In 1707, England, Wales and Scotland were united to form Great Britain. In 1863, in Virginia, the Battle of Chancellorsville began. General Robert E. Lee’s forces began fighting with Union troops under General Joseph Hooker. In 1877, President Rutherford B. Hayes withdrew all Federal troops from the South, ending Reconstruction. In 1883, William F. Cody (Buffalo Bill) had his first Wild West Show. In 1922, Charlie Robertson of the Chicago White Sox pitched a perfect no-hit, no-run game against the Detroit Tigers. The Sox won 3-0. Another perfect game did not come along until 46 years later. In 1945, Admiral Karl Doenitz succeeded Hitler as leader of the Third Reich—one day after Hitler committed suicide. In 1948, the People’s Democratic Republic of Korea (North Korea) was proclaimed. In 1950, Gwendolyn Brooks became the first African American to win the Pulitzer Prize for her book of poetry called Annie Allen. In 1971, the National Railroad Passenger Corp. (Amtrak) went into service. It was established by the U.S. Congress to run the nation’s intercity railroads. In 1986, the Tass News Agency reported the Chernobyl nuclear power plant accident. In 1986, Bill Elliott set a stock car speed record with his Ford Thunderbird in Talladega, Alabama. Elliott reached a speed of 212.229 mph. In 1989, Disney-MGM Studios opened. In 2011, President Barack Obama announced that U.S. soldiers had killed Osama bin Laden in Pakistan. Sorry, no TRIVIAL PUSUITS this week. |