Wall Street. New York Stock Exchange.
Wall Street is a street in Lower Manhattan, New York City. It runs east from Broadway to South Street on the East River, through the historical center of the Financial District. It is the first permanent home of the New York Stock Exchange, the world's largest stock exchange by market capitalization of its listed companies.[1] Over time, Wall Street became the name of the surrounding geographic neighborhood[2] and also shorthand (or a metonym) for the "influential financial interests" of the American financial industry, which is centered in the New York City area.[3] Anchored by Wall Street, New York City vies with the City of London to be the financial capital of the world.[4][5][6][7][8][9][10] Several major stock and other exchanges remain headquartered on Wall Street and in the Financial District, including the NYSE, NASDAQ, AMEX, NYMEX, NYBOT. The name of the street derives from the 17th century when Wall Street formed the northern boundary of the New Amsterdam settlement. It was constructed to protect against English colonial encroachment. In the 1640s basic picket and plank fences denoted plots and residences in the colony.[11] Later, on behalf of the Dutch West India Company, Peter Stuyvesant, in part using African slaves,[12] led the Dutch in the construction of a stronger stockade. A strengthened 12-foot (4 m) wall[13] against attack from various Native American tribes. In 1685 surveyors laid out Wall Street along the lines of the original stockade.[13] The wall started at Pearl Street, which was the shoreline back then, crossing the Indian path Broadway and ending at the other shoreline (today's Trinity Place), where it took a turn south and ran along the shore until it ended at the old fort. Because Wall Street was originally called "de Waal Straat",[14] another explanation is that it could refer to Walloons (one translation for Waal is a Walloon).[15] Among the first settlers that embarked on the ship "Nieu WIKIPEDIA read
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