stocks

What Is Stock? Definition And How It Works

A common sight nowadays is the extremely publicized events in which a celebrity or executive from a corporation stands behind the NYSE podium and pushes the button that signals the bells to ring. It was only in 1995 that the NYSE started getting special guests ring the bells on a normal basis prior to that, ringing the bells was normally the responsibility of the exchange’s floor managers. Similarly, there was a panic in the financial planet during the year of 1997 the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in worth...