The origin of American stock market can be traced back to 1790. At that time, the American government needed to raise funds to repay debts and pay for military expenses, so it issued a bond called "American Economist". These bonds are the first public offering securities in the United States and the origin of the American securities market.

In the following decades, the American securities market developed gradually, and more and more stock exchanges and securities brokers appeared. /kloc-At the beginning of the 9th century, the new york Stock Exchange (NYSE) was established, becoming one of the largest stock exchanges in the United States and the core of the American stock market.

At present, the American securities market is mainly composed of stock market, bond market and futures market. The stock market refers to the market where companies raise funds by issuing shares and are listed and traded on the stock exchange. The bond market refers to the market where the government, enterprises and other institutions raise funds by issuing bonds and are listed and traded on the stock exchange. The futures market refers to the market for trading based on future delivery contracts, including various futures contracts such as agricultural products, metals, currencies and interest rates.