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Questions about the New York Stock exchange? - Stock Trading and Other Things
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Questions about the New York Stock exchange?

I have some questions I need answered for the NYC Stock Exchange. Don't worry if you don't know the answers to all of them, answer them to the best of your knowledge.

1. How are integers a major part in the stock exchange?

2. Why is the stock exchange located in NYC?

3. Who are Dow and Nazdaq?

4. Explain the "bears & bulls".

Public Comments

1. 1. integers (whole numbers) represent the trading prices (actually an integer plus a part of an integer, usually, as in 52.25 per share).
2. there are stock exchanges in many large cities, Paris, Frankfurt, Singapore, HongKong, and also in Boston, Philadelphia, and Chicago. The NY is the biggest and best know.
3. Mr. Dow founded a financial news reporting system with a partner, Mr. Jones, hence 'Dow Jones'.
4. 'bulls' are those expecting the market to go up, 'bears' are those expecting the market to go down.

www.investopedia.com and yahoo finance are good sources for more information