Wall Street is a famous street in lower Manhattan associated with American commerce and economy, home to the New York Stock Exchange and the Wall Street Journal. Its name may refer to a Dutch wall or Belgian citizens. The street features famous buildings, museums, and landmarks, including a tan bull. It is a symbol of trade and commerce and leads the US market.
Wall Street is a famous street that runs through lower Manhattan. It is the historic site of many financial institutions and as such has become a symbol of American commerce and economy. Several firms continue to maintain offices on this street, taking advantage of the name recognition factor involved. Many visitors to New York like to take a stroll down Wall Street to examine the famous buildings and landmarks scattered along its length.
There are two explanations for the name of the street. Some historians believe that it refers to a literal wall built by the Dutch in the 17th century to protect themselves from invasions. Others have suggested that the name is a reference to the Walloons, citizens of Belgium who played a significant role in building New Amsterdam, better known as New York City. In any case, by the 18th century, this East-West running street had become associated with commerce, thanks to informal gatherings of merchants under a famous buttonhole tree.
Manhattan’s general financial district is sometimes referred to as “Wall Street.” Among many other things, this area is home to the New York Stock Exchange (NYSE), a major institution in the American market. It is also the namesake of the Wall Street Journal, a famous publication that covers financial and global news, often with an eye on how changing political conditions can affect trade.
Many famous buildings can be found along the street, and some of them house museums displaying artifacts of interest, along with the financial companies that have made their home there for centuries. Certain landmarks along Wall Street are extremely well known; TV shows, for example, like to use sections of the street for backgrounds in financial segments. The street also features a famous tan bull, originally installed as a social commentary by a radical artist; it was briefly impounded by police before being restored to the financial district in response to public outcry.
Many people use the term as a shorthand for trade and commerce. America’s National Public Radio, for example, announces daily trading numbers with the preface “on Wall Street, today…” This is because the location leads the US market, continues to be the headquarters of many influential and trendsetting corporations. that the rest of the country tends to follow.
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