Dow 7100: How the World Looked in 1997 (On the Street)
February 25th, 2009
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Dow 7100. The last time the Dow Jones Industrial Average looked the way it did today, many other things looked very much different. The time was May 1997 — May 7, to be exact, when the Dow closed at 7085.65.
Music fans were rocking out to boy band Hanson and their hit, ”MMMBop,” which was soaring on the charts. (OK, maybe ”rocking out” isn’t exactly right.) The Spice Girls and Notorious B.I.G. were also selling well in record stores (remember those?).
On television, audiences were riveted to ”Mad About You,” where the uber-Manhattan-yuppie Buchman couple was about to have their first TV baby. Other top shows included ”Seinfeld,” ”Frasier,” ”Home Improvement,” and of course, ”ER.” And at the movies, box-office records were about to be shattered by the release of ”The Lost World: Jurassic Park.”
But probably of more interest — and perhaps even more cringe-inducing — are some of the headlines from the world of business and finance around that time. Here’s a quick trip d News widgets and RSS feeds on Feedzilla.com
Investing in the Obama Factor
Hope, solidarity, better health care, and a new place for America in the world. These are some of the aspirations America has for the Obama presidency, but if you turn to the personal finance gurus, you’ll find another aspiration — making a quick buck.
News widgets and RSS feeds on Feedzilla.com
Clinton in China Pushes Environment, Finance
Human rights on back burner as Clinton pushes China on climate change, financial crisis
News widgets and RSS feeds on Feedzilla.com
