History of S&P 500 (thread)
1860: Henry Poor founds Poor& #39;s Publishing - focused on railroad industry
1906: Standard Statistics Bureau founded - focused on rating mortgage bonds
1926: Standard Statistics launches 90-stock index
1860: Henry Poor founds Poor& #39;s Publishing - focused on railroad industry
1906: Standard Statistics Bureau founded - focused on rating mortgage bonds
1926: Standard Statistics launches 90-stock index
1941: Poor& #39;s Publishing & Standard Statistics Merge - form Standard & Poor& #39;s
1957: Index expanded to 500 companies. Renamed S&P 500 - first computer-generated stock index
1966: McGraw-Hill acquires S&P
1957: Index expanded to 500 companies. Renamed S&P 500 - first computer-generated stock index
1966: McGraw-Hill acquires S&P
1973: $WFC & $BAC launch Institutional funds that track the S&P 500
1976: Vanguard launches S&P 500 mutual fund for retail investors
1982: Index closes above 100 first time
1976: Vanguard launches S&P 500 mutual fund for retail investors
1982: Index closes above 100 first time
1987: Index drops 20.5% in a single day, a record
1993: $STT launches $SPY, first S&P 500 ETF
1997: $CME launches S&P 500 e-mini future contracts
1998: Index Closes above 1,000 for the first time
1993: $STT launches $SPY, first S&P 500 ETF
1997: $CME launches S&P 500 e-mini future contracts
1998: Index Closes above 1,000 for the first time
2005: Index becomes public float-adjusted capitalization weighting
2012: Joint venture between S&P and Dow Jones indices
2014: Index closes above 2,000 for the first time
2019: Closes above 3,000 for first time
2012: Joint venture between S&P and Dow Jones indices
2014: Index closes above 2,000 for the first time
2019: Closes above 3,000 for first time