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Primera Guerra Mundial
Blog, Anniversaries, International Market, November

When a Shocking Rumor Shut Down the New York Stock Exchange

At noon on November 7, 1918, rumors began to spread that Germany was surrendering and World War I was over. Euphoria erupted in the United States, and even the New York Stock Exchange (NYSE) closed at 2:00 PM to celebrate. However, the story turned out to be false, or at least not entirely true. At the time, German officers were traveling to meet with Allied commanders, but peace wouldn't be signed until four days later, on November 11. Let's look at the full story of this peculiar event.

Minera Vale
Blog, Anniversaries, International Market, November

The Mariana Tragedy: A Terrifying Chapter in the History of the Vale Mining Company

The collapse of the Fundão Dam in Mariana, Minas Gerais, on November 5, 2015, is considered one of the worst environmental disasters in Brazilian history. The tragedy, caused by the collapse of a mining waste dam controlled by Samarco Mineração SA (a joint venture between mining company Vale SA and BHP Billiton), left a trail of destruction and suffering, with socio-environmental impacts that continue to this day. Let's look at the full story.

Nasdaq
Blog, Anniversaries, November

The Nasdaq Surpasses 3,000 Points in 1999: Its Shocking End

On November 3, 1999, the NASDAQ closed at 3,028 points, surpassing 3,000 for the first time. The dot-com bubble was reaching its peak. The New York Times devoted extensive coverage to this milestone. At that point, the NASDAQ had risen by almost 3,001 points over the past four years, but the euphoria didn't end there. By December 3, the NASDAQ had surpassed 3,500 points, by December 29, it had reached 4,000, and on March 9, 2000, it had closed above 5,000.

Burbuja Puntocom
Blog, Anniversaries, International Market, November

Dot-com Bubble: 24 Years After Its Impressive Peak

In a clear indication that the tech bubble was in full swing, the Dow Jones Industrial Average underwent a radical change in its composition on November 1, 1999. On this date, tech giants like Microsoft, Intel, and Home Depot joined the index, while long-established industrial companies like Chevron, Goodyear, and Sears were excluded. Sears's departure, for example, marked the end of a 75-year uninterrupted presence in the Dow Jones. Let's look at the full story of how the dot-com bubble unfolded.

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