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Before 1903, the New York Stock Exchange used a Chinese gong. |
U.S. History |
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Today, the NYSE bells sound twice daily, once to open trading at 9:30 a.m. and once to close at 4:00 p.m. (Eastern time). Ringing these bells is a celebrated tradition, and celebrities, politicians, and business professionals are often invited to partake in the decades-old custom. In 1956, the first-ever guest bell ringer was 10-year-old Leonard Ross, who earned his spot by answering stock market trivia on a TV game show. | |
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The idiom "saved by the bell" comes from boxing. | |||||||||
The expression "saved by the bell" first appeared in American English around 1902, originating from prizefighting (professional boxing). The phrase was used in the literal sense to describe a situation in which a fallen boxer must rise before the referee can count to 10. If the bell rings to signal the end of the round before the referee can finish counting, the boxer is "saved by the bell" and continues on to the next round. By 1912, the saying evolved beyond its boxing roots and made its way into the education lexicon; students claimed they were "saved by the bell" when the sound marked the end of class and it was time to leave. The phrase is still used in this context today, as referenced in the title of the 1990s high school sitcom Saved by the Bell. | |||||||||
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