![]() ![]() ![]() ![]() In the beginning, 12 companies traded on the Dow Jones, while today, 30 form part of it, of which only General Electric has remained since the beginning. The Dow Jones is the most famous stock market index and was founded in New York on by Charles Henry Dow, editor of The Wall Street Journal, which was the creator of many other indexes over the years. Thus, athletes like the swimmer Michael Phelps and the baseball legend, Joe DiMaggio, artists like Liza Minelli, the rock bank Kiss, and politicians like Nelson Mandela and Kofi Annan have been protagonists of opening and closing the day on the floor of the NYSE. Each day, the bells are rung by people related to the business world, and occasionally, the New York Stock Exchange chooses personalities from other fields for this ceremony. The opening and closing of the sessions are marked by four bells that ring when a button is pressed each day at 9:30 a.m. The NYSE is headquartered at 11 Wall Street in Manhattan, and its building was recognized as a national landmark in 1978. Its market capitalization in October 2017 totaled $21.3 billion. Nicknamed “The Big Board”, it has remained the largest stock market in the world since the end of World War I, when it surpassed the London Stock Exchange. Its origin dates back to an agreement between traders and brokers in 1792 to regulate the stock market, although the New York Stock Exchange would not start to operate as such until 1817, and would not receive its current name ( New York Stock Exchange – NYSE) until 1863. ![]()
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