Is there someone that could check me this translation in English??I'm italian girl!! thanks?
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Nine years later, in 1929, the name of Wall Street ties him instead to the great crisis that strikes the stock market of the Country, and to the serious depression that immediately followed. To remember it is also the 1987 stock-exchange crack. The 19 October of that year, rechristened "black Monday", the index Dow Jones Industrial Average went down of over 22%, a recorded loss never during the whole century and provoked by a sudden wave of sales.
The 1987 collapse also had evident repercussions on the European and Asian purses: nevertheless it was avoided (accomplice above all the action of the Central Banks) that such fold could have disastrous counterblows for the world financial system as during the depression been born by the collapse of the '29.
From the end of the eight hundred to today Wall Street you/he/she has become so important that its name is symbol of important business, it is synonymous of the financial markets of the nation and it is also word ricollegabile to the American financial institutions.
The testimony of its great growth is also in the numbers. In 1800 the present companies to the NYSE were only 295, and of these solo 20 publicly had the negotiable titles. In 1900 the biggest rated firm was the U.S. Steel (behind which were the operations financed by J.P. Morgan), but other firms quickly grew also: AT&T, Kellogg, Gamble, Eastman Kodak, Westinghouse.
Today besides the evolution in the New York Stock Exchange, to Wall Street it is present also another principal stock exchange, the National Association of Securities Dealers Automated Quotation, better known with the name of NASDAQ, founded to Wall Street in 1971 and climbed to the footlights of the chronicle especially in the last years, besides following the burst of the bead of the "new economy."
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