What is Wall Street?

Wall Street is a famous street that goes through the lower Manhattan. It is a historical place of many financial institutions, and as such has become a symbol of trade and the American economy. Several companies continue to maintain offices on this street and earn names of name recognition. Many New York visitors like to walk on Wall Street to explore the famous buildings and places scattered after its length.

There are two explanations for the name of the street. Some historians believe that it refers to the literal wall built by the Dutch in the 16th century to protect itself from the invasion. Others suggested that the name is a reference to Walloons, citizens of Belgium who played a big role in the construction of New Amsterdam, better known as New York. In any case, until the 18th century, this east-west cross-country street connected with the shop, thanks to the informal meetings of merchants under the famous Buttonwood tree.

The total financial district of Manhattan is sometimes referred to as "Wall Street". In this area it is located, among other thingsIn the New York Stock Exchange (NYSE), the main institution on the US market. He is also the namesake Wall Street Journal , famous publications that cover financial and global reports, often with regard to how changing political conditions can affect trade.

Many famous buildings can be found along the street and some of them museums that show artifacts of interest, along with financial companies that have created their home for centuries. Some sights along Wall Street are well known; For example, television shows like to use the streets for backdrops in financial segments. There is also a famous bronze bull on the street, which was originally installed as a piece of social commentary of the radical artyst; The police seized it briefly before it was restored to the financial district in response to a public scream.

Many people use this term as a shortcut for trading and trade. For example, American NationalThe public radio announces daily business numbers with the preface "on Wall Street, today ..." This is because the location leads the US market and the headquarters of many influential corporations remain and set trends that the rest of the country tends to follow.