Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Nov. 8, 1972, the Home Box Office—or HBO—launched as the first premium channel in the United States. Where the Market Was The S&P 500 closed at 113.35, and the Dow Jones Industrial Average was on its way up from 955.52. What Else Was Going On in the World The United States reelected President Richard Nixon the day before, and the Dow was days away from passing 1,000 for the first time. HBO Is Born Originally called “The Green Channel,” the nation’s first pay TV service got its start using microwaves to broadcast nine hours of programming a day in fewer than 400 New England homes. Since then, it has become a formidable competitor to network producers like Walt Disney Co.’s ABC and to streaming platforms like Netflix Inc. With shows …