With all of the mystery that surrounds the current stock market in
the United States, one may be surprised to lea of its humble
beginnings. The history of the Stock Market in the United States
dates back to the mid 1700’s and was largely structured as a mirror
to the London Stock Exchange which John Castaing is credited for
organizing. Stocks had been used in Europe for the financing of
voyages and companies for decades. Likewise, bonds had been used as
a tool for the financing
of govement expenses. The US stock market first blossomed to help finance the war by selling war bonds to the public and other countries.
of govement expenses. The US stock market first blossomed to help finance the war by selling war bonds to the public and other countries.