What’s the NYSE and Why Does It Matter to You?
What’s the NYSE and Why Does It Matter to You? October 13, 2024 What’s the NYSE and Why Does It Matter to You The New York Stock Exchange, commonly known as the NYSE, plays a crucial role in the global financial markets. Many people may wonder, what exactly is the NYSE, and why should it matter to you? Understanding how this marketplace functions can help you grasp the basics of investing and how financial markets impact everyday life. What is the NYSE? The NYSE, short for the New York Stock Exchange, is the largest stock exchange in the world by market capitalization. It is located on Wall Street in New York City and has been around for over 200 years. The NYSE serves as a platform where investors can buy and sell shares of publicly listed companies. This process of trading happens every business day from 9:30 AM to 4:00 PM Eastern Time. The NYSE lists companies from various industries, such as technology, healthcare, finance, and more. Some...