The New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. An additional trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978.
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow, is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States. Although it is one of the most commonly followed equity indices, many consider the Dow to be an inadequate representation of the overall U.S. stock market compared to broader market indices such as the S&P 500 Index or Russell 3000 because it only includes 30 large cap companies, is not weighted by market capitalization, and does not use a weighted arithmetic mean.
A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling as much as by underlying economic factors. They often follow speculation and economic bubbles.
A market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular for long time frames, primary for medium time frames, and secondary for short time frames. Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within the market when price reaches support and resistance levels, varying over time.
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the fall of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed.
Black Monday is the name commonly attached to the global, sudden, severe, and largely unexpected stock market crash on October 19, 1987. In Australia and New Zealand, the day is also referred to as Black Tuesday because of the time zone difference from the United States.
Charging Bull, sometimes referred to as the Wall Street Bull or the Bowling Green Bull, is a bronze sculpture that stands on Broadway just north of Bowling Green in the Financial District of Manhattan, New York City. The 7,100-pound (3,200 kg) bronze sculpture, standing 11 feet (3.4 m) tall and measuring 16 feet (4.9 m) long, depicts a bull, the symbol of aggressive financial optimism and prosperity. Charging Bull is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District.
Black Monday refers to specific Mondays when undesirable or turbulent events have occurred. It has been used to designate massacres, military battles and stock market crashes.
Elaine M. Garzarelli is an American financial analyst.
Victor Sperandeo, known as “Trader Vic”, is a US trader, index developer, and financial commentator based in Grapevine, Texas, United States. He serves as the President and CEO of Alpha Financial Technologies, LLC (AFT), is a founding partner of EAM Partners L.P., and serves as the President and CEO of its general partner, EAM Corporation.
Sir Patrick Henry Bligh Wall, was a British commando in the Royal Marines during the Second World War and later a Conservative Party politician. He was the Member of Parliament (MP) for Haltemprice in the East Riding of Yorkshire and subsequently for Beverley. He was a leading figure in the Conservative Monday Club, and a parliamentary consultant to the Western Goals Institute. In the last decade of his life, he was President of the British UFO Research Association (BUFORA).
A trading curb is a financial regulatory instrument that is in place to prevent stock market crashes from occurring, and is implemented by the relevant stock exchange organization. Since their inception, circuit breakers have been modified to prevent both speculative gains and dramatic losses within a small time frame. When triggered, circuit breakers either stop trading for a small amount of time or close trading early in order to allow accurate information to flow among market makers and for institutional traders to assess their positions and make rational decisions.
Meltdown Monday is a term used by some financial news outlets to describe Mondays with large losses in financial markets. In the late 1980s, and early 1990s, the term was used most often in reference to October 19, 1987, which later became known as Black Monday 1987. Several events which were initially referred to as Meltdown Mondays by the press have since been referred to most often as Black Mondays.
Black Tuesday was the highest trading volume day of the Wall Street Crash of 1929 on the New York Stock Exchange.
Robert L. Woodson Sr. is an American author and former campaign advisor to President George W. Bush. He founded the Woodson Center in 1981. In February 2020, Woodson launched the Center's 1776 Unites campaign, a black-led alternative to trends in the presentation of American history it considers to be destructive to the wider culture. The campaign brings together conservative and dissenting liberal intellectuals, journalists, and activists to discuss solutions to the problems of racial inequality, poverty, and cultural dissolution.
Black Monday is an American comedy television series created by Jordan Cahan and David Caspe that premiered on January 20, 2019, on Showtime. The series stars Don Cheadle, Andrew Rannells, Regina Hall, and Paul Scheer and follows the employees of second-tier Wall Street trading firm the Jammer Group in the year leading up to "Black Monday", the day when international stock markets crashed in 1987. In April 2019, the series was renewed for a second season that premiered on March 15, 2020.
The 2020 stock market crash was a global stock market crash that began on 20 February 2020. On 12 February, the Dow Jones Industrial Average, the NASDAQ Composite, and S&P 500 Index all finished at record highs. From 24 to 28 February, stock markets worldwide reported their largest one-week declines since the 2008 financial crisis, thus entering a correction. Global markets into early March became extremely volatile, with large swings occurring in global markets. On 9 March, most global markets reported severe contractions, mainly in response to the COVID-19 pandemic and an oil price war between Russia and the OPEC countries led by Saudi Arabia. This became colloquially known as Black Monday. At the time, it was the worst drop since the Great Recession in 2008.
