1. The New York Stock Exchange

2. Early Wall St. Dutch built a wall for protection –Street behind the wall became Wall St. It has become the financial capital of America

3. The Stock Exchange Mostly banks and insurance, at first Trading resembles an auction house NYSE also called The Big Board; oldest and most important exchange in the US http://www.youtube.com /watch?v=a55G2kt93IU http://www.youtube.com /watch?v=a55G2kt93IU

4. Trading on the NYSE Buyers try to get the lowest price, sellers try and get the highest price

5. What is the Dow Jones? 30 representative stocks –They give us an idea of how the market as a whole is doing Hit all time high 10/1/07 of 14,000 + points

6. Other terms to know NASDAQ : another stock exchange, all electronic (no actual floor like the NYSE) Blue chips : the best stocks--- the highest performing and most solid Bull market = prices going up; Bear market = most prices decreasing

7. More vocab Dividends : your share of the company’s profits Common stock : can vote on board of directors Preferred stock : stockholders can’t vote but get their dividends first