Roosevelt, though many Americans came to know him best during the 1960s, when he shared the NBC anchor desk with Chet Huntley. He got his start at the age of 23, covering President Franklin D. On this date in 1997, legendary newsman David Brinkley signed off for the final time from his ABC News program This Week, drawing the curtain on a broadcast career that had gone strong for 54 years. 28: David Brinkley retires after 54 years in broadcasting (1997) The September 2008 Dow Jones losses were outdone in 2018, when the Dow dived nearly 1,600 points, then again in March 2020, when the Dow plunged 2,997 points - or nearly 13 percent. The year 2008 kicked off the debilitating Great Recession, which stretched on for 18 long months. The Dow Jones wasn’t the only index to suffer losses that day: The S&P dropped 8.8 percent, resulting in its largest one-day loss since the 1987 crash, while Nasdaq had its biggest loss in eight years, with a decline of 9.1 percent. 17, 2001, the first trading day after the 9/11 attacks. “Right now we are in a classic moment of a financial meltdown.” That fall broke a record set on Sept. “This is panic and … fear run amok,” financial consultant Zachary Karabell told CNBC. The historic drop came on the heels of the House of Representatives rejecting a $700 billion bank bailout plan, resulting in a $1.2 trillion loss in market value as shocked investors dumped their stocks. 29: The Dow Jones suffers the largest single-day loss in its history up to that point (2008)įifteen years ago today, the Dow Jones Industrial Average plummeted 777.68 points in what was, at the time, the largest single-day point loss in the index’s history. After traveling more than a half-million miles - about the distance to go around the world 20 times - the submarine was decommissioned on March 3, 1980, and became a National Historic Landmark. The Nautilus achieved some dazzling feats during her years of service, including breaking submerged speed and distance records, and she even completed the first voyage under the geographic North Pole in August 1958. After entering active service in Groton, Connecticut, the Nautilus stayed close to shore to undergo further testing and construction before fully switching to nuclear power in January 1955. Truman had laid the keel at the shipyard, and first lady Mamie Eisenhower later ceremonially broke a bottle of champagne across the bow. atomic program in 1946 and delivered the vessel years ahead of schedule. Rickover, a Russian-born engineer who started working with the U.S. Leading the development project was Capt. Navy commissioned the world’s first nuclear submarine, the USS Nautilus, which was 319 feet long and could stay underwater nearly indefinitely - its engine didn’t require air, and the uranium-powered nuclear reactor produced steam that propelled it faster than 20 knots. 30: The world’s first nuclear-powered submarine, the USS Nautilus, is commissioned (1954)
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