United States Business



U.S. Business

    Wall Street


    Wall Street

    Wall Street is both a street in the lower part of Manhattan in New York City and a generic reference to the financial district located there. The NEW YORK STOCK EXCHANGE is located on the corner of Wall and Broad Streets, while the AMERICAN STOCK EXCHANGE is located nearby on Trinity Street. Historically, Wall Street was a wall created by early Dutch settlers to keep wild animals from eating their crops. In most business situations, “Wall Street” refers to buyers and sellers in STOCK MARKETs. News stories often start with the phrase, “Wall Street reacted positively (or negatively) today in response to . . .” Traditionally the New York Stock Exchange has dominated trading in stocks, but more recently the NATIONAL ASSOCIATION OF SECURITY DEALERS AUTOMATED QUOTATIONS (NASDAQ) system has challenged Wall Street control. Wall Street is also the location of many law firms specializing in securities and MERGERS AND ACQUISITIONS law. For 30 years, Wall Street Week with Louis Rukeyser aired on public television networks around the country. The commentator, Louis Rukeyser, educated many Americans about the stock market, always defining INVESTMENT jargon used by guests on the program. In 2002 program executives decided to remove Rukeyser, who was quickly hired by a television network to continue Wall Street Week on cable television.
    Related links for Wall Street:

    Related links:
  • New York Stock Exchange
  • Program trading
  • Fair disclosure (SEC Regulation FD)
  • Dow Jones averages
  • Securities Industry Association
  • National Association of Securities Dealers Automated Quotation System
  • Technical analysis


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