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Wall Street

NEW YORK, NY - MAY 23: A trader works on the floor of the New York Stock Exchange May 23, 2012 in New York City. After a volatile trading day where European stocks saw record lows, the Dow Jones Industrial Average dipped as much as 191 points but ended just off 6.66 points at 12496. 15.

Newsday's coverage

  • Fitch downgrades Suffolk credit to A+

    Wall Street rating agency Wednesday downgraded Suffolk County's credit in the wake of a report that the county faces a $530 million budget shortfall while another agency is preparing to drop the county's rating, officials said.The downgrades likely will have 5/23/12 Read more »

  • Stocks gain on Wall Street; Facebook falls

    (AP) -- U.S. stocks are rising, shaking off their worst weekly performance since November, as investors latched on to a relatively optimistic report from economists.The Dow Jones industrial average is up 78 points to 12,448 after six days of losses. If it   Read more »

  • Facebook's Mark Zuckerberg marries sweetheart

    home, capping a busy week for the couple. Zuckerberg took his company public in one of the most anticipated stock offerings in Wall Street history Friday. And Chan graduated from medical school at the University of California , San Francisco , on Monday, the   Read more »

  • Obama: Enforce tougher new banking rules

    $2 billion loss has renewed calls by Democratic lawmakers for tougher rules on major financial institutions."Without Wall Street reform, we could have found ourselves with the taxpayers once again on the hook for Wall Street's mistakes," Obama said in his   Read more »

  • Letter: JP Morgan not a case for more rules

    attacks against Wall Street work against the interests of all New York ers. It is estimated that taxed transactions from Wall Street contribute more than $25 billion annually to New York's $130-billion state budget. JPMorgan Chase employs thousands in the   Read more »

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About Wall Street

Wall Street is a street in lower Manhattan, New York City, USA. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District. Wall Street was the first permanent home of the New York Stock Exchange; over time Wall Street became the name of the surrounding geographic neighborhood. Wall Street is also shorthand (or a metonym) for "influential financial interests" in the U.S., as well as for the financial industry in the New York City area.

from Wikipedia