Wall Street

Foreign name

Wall Street

Because the pronunciation of the word wall is similar to the Chinese character "华尔", it is transliterated as " Wall Street".

Wall Street is the name of a large street extending from Broadway Road to the East River in the southern part of Manhattan, New York City. It is only one-third of a mile long and 11 meters wide. It is the transliteration of the English "Wall Street" , originally meaning "Big Wall Street". The streets are narrow and short, with only 7 sections from Broadway to the East River, but it is famous throughout the world as the "Financial Center of the United States". The management offices of banks, insurance, shipping, railways and other companies established by the American Morgan chaebol, Rockefeller oil king and DuPont consortium are concentrated here. The famous New York Stock Exchange is also here, and it is still the headquarters of several major exchanges: such as Nasdaq, American Stock Exchange, New York Futures Exchange, etc. The term "Wall Street" has now transcended the street itself and has become a synonym for the nearby area. It can also refer to the financial markets and financial institutions that have an influence on the entire U.S. economy.