He was a Spanish minister in Washington who wrote a private letter to a friend concerning President McKinley (called him basically useless and indecisive) The discovery of his letter strained Spanish-American relations, which helped initiate the Spanish-American War.
Nasdaq was created by the National Association of Securities Dealers (NASD) to enable investors to trade securities on a computerized, speedy and transparent system, and commenced operations on February 8, 1971.he term âNasdaqâ is also used to refer to the Nasdaq Composite, an index of more than 3,000 stocks listed on the Nasdaq exchange that includes the worldâs foremost technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, Intel and Amgen. Next Up.
After launching in 1971 with 50 companies and a starting value of 100, the NASDAQ Composite peaked at a high of 5132.52 (and a closing price of 5048.62) on March 10, 2000 during the first Internet bubble, and subsequently fell to a low of 1108.49 on October 10th 2002 when the bubble burst.