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The New York Stock Exchange (NYSE), nicknamed the "Big Board", is a stock exchange based in New York City. It is the largest stock exchange in the world by dollar volume and, with 2,764 listed securities, has the second most securities of all stock exchanges. It was the second biggest stock exchange in the world in terms of company listings, second only to NASDAQ with 3,200 companies, before the Bombay Stock Exchange (BSE) of India consolidated to become the biggest stock exchange in the world with 4,800 company listings as of August 2007. As of December 31, 2006, the combined capitalization of all New York Stock Exchange listed companies was $25.0 trillion.

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Market charts show weekly figures for Dow, S&P 500, Nasdaq, NYSE, AMEX and Russell 2000;. NASDAQ
CHARLOTTE, NC - FEBRUARY 4: The Bank of America headquarters is reflected in the windows of the Bank of America Plaza building on February 4, 2010 in Charlotte, North Carolina. Bank of America's former Chief Executive Officer Ken Lewis and former Chief Financial Officer Joe Price have been charged with securities fraud by the New York attorney general. Bank of America
FILE - In this March 27, 2009, file photo, JP Morgan Chase & Co. Chief Executive Officer Jamie Dimon, left, and Goldman Sachs Chief Executive Officer Lloyd Blankfein leave the White House in Washington, following a meeting between chief executives and President Barack Obama. Even during his most frenzied days, when Congress is demanding answers or the president himself is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers. Goldman Sachs
Tiger Woods, left, smiles during a news conference while talking about the upcoming AT&T National golf tournament he hosts in July, Monday, April 20, 2009, in Bethesda, Md, At right is Greg McLaughlin, director of the tournament. AT&T Inc.
LONDON, ENGLAND - NOVEMBER 23: Jeffrey B Kindler, the Chairman and CEO of Pfizer, delivers a speech to the CBI annual conference at the Park Lane Hilton hotel on November 23, 2009 in London, England. The Confederation of British Industry's conference, entitled 'Routes to Recovery', brings together leading politicians and business experts to discuss ways to deliver economic growth. Pfizer Inc.
The US Bank Tower (C), the Mellon Bank Center (L) and the Citigroup Center (R) are framed by a statue called "The Three Graces" in downtown Los Angeles, in this 09 February 2006 file photo. US banking titan Citigroup announced a 26 percent drop in its latest quarterly profits 19 January 2007, attributing the earnings slowdown to a one-time gain a year ago and the overhaul of its Japanese operations. However, Citigroup -- one of the world's largest financial institutions -- still posted hefty fourth quarter net profits of 5.13 billion dollars, more than the combined profits of Merrill Lynch, Apple and American Airlines. Citigroup reported earnings per share of 1.03 dollars, two cents better than most Wall Street analysts had anticipated. AFP PHOTO / Robyn Beck Citigroup
FILE - In this May 2, 2009 file photo, Warren Buffett, CEO of Berkshire Hathaway, right, waves to shareholders prior to the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Warren Buffet's Berkshire Hathaway said Tuesday, Nov. 3, 2009, it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion. Berkshire Hathaway
SAN FRANCISCO - FEBRUARY 01: Apple Computer co-founder and philanthropist Steve Wozniak pauses while speaking at the Bay Area Discovery Museum's Discovery Forum February 1, 2010 in San Francisco, California. The annual Discovery Forum increases awareness about the importance of childhood creativity, and raises funds for the Museum's educational exhibitions and programs. Apple, Inc.
In this photo released by China's Xinhua news agency, fireworks explode over the People's Square in Giuyang, capital of southwest China's Guizhou Province early Sunday, Feb. 18, 2007, the New Year's Day on China's lunar calendar. China
President Obama recognized IBM and its Blue Gene family of supercomputers with the National Medal of Technology and Innovation, the country's most prestigious award given to leading innovators for technological achievement. Blue Gene's speed and expandability have enabled business and science to address a wide range of complex problems and make more informed decisions -- not just in the life sciences, but also in astronomy, climate, simulations, modeling and many other areas. IBM
The Wall Street is seen sign outside the New York Stock Exchange on October 6, 2008 in New York. Wall Street tumbled after the opening bell as fallout from the credit crisis triggered concerns about the economy and the Dow fell below 10,000 for the first time in four years. Wall Street
Graphic shows daily January Dow Jones closes since 2005 and annual percent change for the corresponding years. Dow Jones
David Brennan, Chief Executive Officer of drug maker AstraZeneca leaves the Marriot hotel in London after its Annual General Meeting, Thursday, April 30, 2009. AstraZeneca Thursday have posted a 42 percent rise in first quarter net profit. Net profit for the three months to the end of March was US$2.15 billion, up from US$1.51 billion a year ago and exceeding analyst expectations. The company said Thursday that sale were up 7 percent in U.S. compared with the first quarter 2008 and that U.S. sales also benefited from increased sales of heart drug Toprol-XL as two generic competitors withdrew their products from the market. AstraZeneca PLC
WASHINGTON - JANUARY 14: (L-R) Chairman of the Securities and Exchange Commission Mary Schapiro speaks as Chairman of the Federal Deposit Insurance Corporation Sheila Bair, and Assistant U.S. Attorney General Lanny Breuer of the Criminal Division listen during a hearing before the Financial Crisis Inquiry Commission January 14, 2010 on Capitol Hill in Washington, DC. The commission continued its hearing to examine the root causes of the recent financial crisis and how now to prevent it in the future. Securities and Exchange Commission
Ecuador's President Rafael Correa, right, and Haiti's President Rene Preval , second from right, greet people outside the government palace in Quito after attending a meeting of the Union of South American Nations, UNASUR, in Quito, Tuesday, Feb. 9, 2010. The emergency meeting discussed the region's response to the humanitarian crisis in quake-shattered Haiti. Haiti
SAN FRANCISCO - JANUARY 20: A Wells Fargo customer uses an ATM at a Wells Fargo Bank branch office January 20, 2010 in San Francisco, California. Wells Fargo beat analyst expectations by posting a fourth quarter earnings of $2.82 billion or 8 cents a share compared to a loss of $2.73 billion or 84 cents a share one year ago. Wells Fargo
COLOGNE, GERMANY - FEBRUARY 01: A dancer from the Crazy Horse Cabaret Paris performs on stage during the Lambertz Monday Night Schoko & Fashion party at the Alten Wartesaal on February 1, 2010 in Cologne, Germany. Paris

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Chart shows daily market figures for Dow, S&P, Russell 2000 and Nasdaq, along with NYSE and Nasdaq diary; stand-alone;.

CloseCaption
Chart shows daily market figures for Dow, S&P, Russell 2000 and Nasdaq, along with NYSE and Nasdaq diary; stand-alone;.

AP 

Specialist Anthony Sherman, second left, works at his post on the floor of the New York Stock Exchange that trades Developers Diversified Realty Corp. as the company issues a secondary offering, Tuesday, Feb. 9, 2010.

CloseCaption
Specialist Anthony Sherman, second left, works at his post on the floor of the New York Stock Exchange that trades Developers Diversified Realty Corp. as the company issues a secondary offering, Tuesday, Feb. 9, 2010.

AP 

NEW YORK - FEBRUARY 05: Financial professional work in the Goldman Sachs booth on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: Financial professional work in the Goldman Sachs booth on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: The Dow Jowes Industrial average reads under 10,000 before closing higher at the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: The Dow Jowes Industrial average reads under 10,000 before closing higher at the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: A financial professional looks over a handheld computer on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: A financial professional looks over a handheld computer on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: Financial professionals work on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. A one-day promotion allowed floor traders at the exchange to wear the jersey of their favorite football team. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: Financial professionals work on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. A one-day promotion allowed floor traders at the exchange to wear the jersey of their favorite football team. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: A financial professional talks on a cell phone on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: A financial professional talks on a cell phone on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: Traders work on the floor of the New York Stock Exchange toward the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop in late trading, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: Traders work on the floor of the New York Stock Exchange toward the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop in late trading, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: A financial professional talks on a cell phone on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: A financial professional talks on a cell phone on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: Financial professionals check the screens on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: Financial professionals check the screens on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

CloseCaption
NEW YORK - FEBRUARY 4: Traders work on the floor of the New York Stock Exchange before the closing bell on February 04, 2010 in New York City. The Dow fell below 10,000 for the first time since early November. Concerns over continued weakness in the job market and Europe's national debts, contributed to the Dow Jones Industrial Average's 2.6% drop.

Getty Images 

Launch Gallery0 of 0

Chart shows daily market figures for Dow, S&P, Russell 2000 and Nasdaq, along with NYSE and Nasdaq diary; stand-alone;.

CloseCaption
Chart shows daily market figures for Dow, S&P, Russell 2000 and Nasdaq, along with NYSE and Nasdaq diary; stand-alone;.

AP 

Specialist Anthony Sherman, second left, works at his post on the floor of the New York Stock Exchange that trades Developers Diversified Realty Corp. as the company issues a secondary offering, Tuesday, Feb. 9, 2010.

CloseCaption
Specialist Anthony Sherman, second left, works at his post on the floor of the New York Stock Exchange that trades Developers Diversified Realty Corp. as the company issues a secondary offering, Tuesday, Feb. 9, 2010.

AP 

NEW YORK - FEBRUARY 05: Financial professional work in the Goldman Sachs booth on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: Financial professional work in the Goldman Sachs booth on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: The Dow Jowes Industrial average reads under 10,000 before closing higher at the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: The Dow Jowes Industrial average reads under 10,000 before closing higher at the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

NEW YORK - FEBRUARY 05: A financial professional looks over a handheld computer on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

CloseCaption
NEW YORK - FEBRUARY 05: A financial professional looks over a handheld computer on the floor of the New York Stock Exchange near the end of the trading day February 5, 2010 in New York City. The exchange recovered from a sharp drop late in the trading day, finishing just over the 10,000 mark.

Getty Images 

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