In 1891 – Almon B. Strowger was issued a U.S. patent for his electromechanical switch to automate a telephone exchange. Strowger wasn’t the first to think of of automatic switching but he was the first to make a practical switch.
In 2000 -The Nasdaq hit 5,048.62, the highest point of the dot-com boom. The bust began the next day.
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