He was a Spanish minister in Washington who wrote a private letter to a friend concerning President McKinley (called him basically useless and indecisive) The discovery of his letter strained Spanish-American relations, which helped initiate the Spanish-American War.
Nasdaq was created by the National Association of Securities Dealers (NASD) to enable investors to trade securities on a computerized, speedy and transparent system, and commenced operations on February 8, 1971.he term âNasdaqâ is also used to refer to the Nasdaq Composite, an index of more than 3,000 stocks listed on the Nasdaq exchange that includes the worldâs foremost technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, Intel and Amgen. Next Up.
Then and Now. NASDAQ originally stood for the National Association of Securities Dealer Automated Quotation system. Today, NASDAQ is the largest electronic equities exchange in the U.S. That's thanks to its 2008 merger with OMX ABO, a Stockholm-based operator of exchanges located in the Nordic and Baltic regions.