Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1999, Yahoo! acquired Broadcast.com for $5.7 billion. Where The Market Was: The Dow finished the day at 9,832.51. The S&P 500 finished at 1,293.72. What Else Was Going On In The World? In 1999, Walmart Inc (NYSE: WMT) purchased U.K. supermarket chain ASDA. The U.S. saw its first cases of the West Nile virus. The average annual U.S. income was… Source link
Read More »This Day In Market History, April 1: Mark Cuban Sells Broadcast.com To Yahoo!
