Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened?
On this day 26 years ago, Comparator Systems stock gained 3,025 percent and set a new record for single-day Nasdaq trading volume.
Where The Market Was
The Dow finished the day at 5,475.14. The S&P 500 traded at around 645.44. Today, the Dow is trading at 32,899 and the S&P 500 is trading at 4,123.34.
What Else Was Going On In The World?
In 1996, Major League Soccer debuted in the U.S. In Japan, NINTENDO Ltd./ADR released the Nintendo 64 gaming console. The average American earned $36,300 annually.