What Was Life Like When The Dow Crossed 7,000 For The First Time? - Apple (NASDAQ:AAPL), IBM (NYSE:IBM)

"Downtown"

firm Ritholtz Wealth Management,

Here is a look back at what the world looked like back in 1997.

April 1: "Pokémon" premiered on TV Tokyo for the first time.
May 2: Tony Blair became Prime Minister of the United Kingdom, marking the Labour Party's return to power for the first time in nearly 20 years.
May 11: International Business Machines Corp. IBM's "Deep Blue" beat chess master Garry Kasparov.
July 1: The United Kingdom handed back sovereignty of Hong Kong to China.
July 8: Czech Republic, Hungry and Poland were invited to join the NATA alliance.
July 16: The Dow Jones Industrial Average closed above 8,000 for the first time.
August 1: Steve Jobs returned to lead Apple Inc. AAPL as CEO when the company was still called Apple Computer, Inc.
August 6: Microsoft Corporation MSFT announced a $150 million investment in Apple.
September 6: Over 2 billion people across the world watched the funeral of Diana, Princess of Wales.
October 28: 1 billion shares traded hands on the New York Stock Exchange for the first time ever.
December 11: The United Nations adopted the Kyoto Protocol.