Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Dow 10K Hat Guy Gets To Wear New Dow 10K Hat Today!
By
Jen Chung
Published Oct 14, 2009
Modified Oct 14, 2009
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jen Chung
Published Oct 14, 2009
Modified Oct 14, 2009
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Arthur Cashin, director of floor operations for UBS Financial Services, is basically part of financial history, if only because of his Dow 10,000 baseball cap. Cashin got the hat on March 29, 1999, when it first broke the 10K barrier.
Today, he got to show that he has a newer model (2.0 version, natch)—the Wall Street Journal reports, "The Dow had been flirting with the 10000 level throughout the session, and finally reached the psychologically important mark around 1:22 p.m. The measure hasn't traded at that level since Oct. 7, 2008, and hasn't closed above 10000 since Oct. 3, 2008." And Cashin wasn't the only one—the WSJ adds, "As has been the case since the Dow pushed above 9500 earlier this month, traders were again breaking out relics of previous moves into the 10000 level, such as hats and paperweights." Paperweights, people!
Tagged
10000
Arthur Cashin
dow
recession
wall street
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Deer are all over New Jersey roads looking for sex, state officials warn
Mid-October through mid-December is deer mating season, which can be a danger to drivers as the sex-seeking creatures cross roadways throughout the Garden State.
By
Rosemary Misdary
Published Oct 16, 2026 at 4:22 p.m. ET
Man messaged 'I got straight poison' before giving NYC college students fentanyl, feds say
A transcript from an April court hearing sheds new light on what transpired at Fashion Institute of Technology.
By
Samantha Max
News
Man messaged 'I got straight poison' before giving NYC college students fentanyl, feds say
A transcript from an April court hearing sheds new light on what transpired at Fashion Institute of Technology.
By
Samantha Max
Inside the plan to fix the nearly collapsed Pfizer Building, 1/64th of an inch at a time
By
David Brand
School bus carrying autistic students got lost in Brooklyn for 4 hours last year
By
Jessica Gould
NYC’s bridges can last 'forever,' if we take care of them
By
Clayton Guse
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .