#stock exchange news

[istandonsnowpiles]

Old Drink

Have a pretzel after a long day doing capitalism

[newyorkthegoldenage]

With the men away at war, 18-year old Hazel Hanzelin became the first woman to work on the floor of the NY Stock Exchange. Here she is phoning the latest prices to her firm’s office on April 28, 1943. She was formerly an order clerk in the financial district.

Photo: Associated Press

[pernillecfcw]

Iconic 💙🤩

[chasingrainbowsforever]

~ Golden ~

[heavenslounge]

Who remembers Balenciaga spring 23 show at the New York Stock Exchange? Cause I do and still obsessed with it

[lucat13]

If I had a nickel for every Sondheim song about JFK, I’d have two nickels. Which isn’t a lot but it’s weird that it’s happened twice.

[obsessedbyneon]

The Dow Jones Stock Exchange. From 'Inside New York' (1991).

Scan

[trexalicious]

Soho House, now known even to your small-town aunt as the place Prince Harry met Meghan Markle...

[partialto]

[olemisekunst]

The Financial District, where there were many nice looking buildings, and many people busy looking busy. And then there was the lot who were standing in a long queue just to rub the Charging Bull's bronze balls… That's where I draw the line, tbh. 🤨

[kevinpricemybestfriend]

It seems I missed one!

[visit-new-york]

New York Stock Exchange

New York Stock Exchange photographed from the top of the Federal Hall steps

11 Wall St, New York, NY 10005.

[newyorkthegoldenage]

Tony Sarg, The Stock Exchange. From the book Tony Sarg's New York, 1927.

Photo: Fine Art America

[pernillecfcw]

The blues are on a side quest they opened the markets at the New York stock exchange 🔔💙

[dontmeantobepoliticalbut]

Donald Trump’s paper fortune dropped by hundreds of millions of dollars on Friday as shares in his media firm came under pressure in the wake of his conviction in his New York hush-money trial.

Trump Media & Technology Group’s stock finished the day down 5.3% on Wall Street, denting the value of the former president’s vast stake in the business.

By the time markets closed for the day, Trump’s stake stood at about $5.6bn. The previous day, it was closer to $6bn.

An extraordinary market debut in March by Trump Media, the owner of Truth Social, bolstered Trump’s paper fortune by billions of dollars – and propelled him, for the first time, into the ranks of the world’s 500 wealthiest people – as he grapples with hefty legal costs.

But shares in Trump Media are prone to volatile fluctuations, and Trump is unable to start offloading his stake until September, due to a lock-up agreement.

When New York’s Nasdaq stock exchange closed on Thursday, about an hour before Trump was found guilty of 34 counts of falsifying business records in a criminal hush-money scheme, his stake in Trump Media was worth more than $5.9bn. At one point on Friday, as the company’s stock fell, his stake was worth less than $5.5bn. His fortune recovered some ground near the end of the day.

Trading in Trump Media has been prone to fluctuation since its listing. While the stock stumbled on Friday, it rose over the course of the week. The company’s financial returns have yet to match its success on the market. Net losses at Trump Media widened from $210m to $328m in the first three months of this year. Revenue dropped 31% to $770,500 over the same period.

The company has become a so-called meme stock, boosted by chatter and enthusiasm on social media – posted, in its case, on platforms including Truth Social – urging retail investors to buy into it. Some Trump supporters called for others to buy shares the day after his conviction.

The ex-president will need Trump Media to continue to trade at the levels to which it has surged in recent months if he is to raise billions of dollars by selling his majority stake in the firm.

[todaysdocument]

Petition from Baltimore City to Senator Millard Tydings Opposing Stock Exchange Regulation

Record Group 46: Records of the U.S. SenateSeries: Committee Papers of the Committee on Banking, Housing and Urban Affairs and Committee on Banking and Currency

[typed letter with list of signers]

[at right]

Baltimore, Maryland,

March 29, 1934.

[boxed stamp at right]

RECEIVED

MARCH 30 1934

SEN. TYDINGS

Hon. Millard E. Tydings,

   U. S. Senator,

      Senate Office Building,

         Washington, D.C.

Dear Sir: -

You have under consideration the Fletcher-Rayburn bill for regulation of the stock exchanges. [penciled circle  around portion of lines of type, including "stock exchanges"]

We believe this to be vicious legislation - another prohibition law - destructive to elemental human liberties - even the liberty to lose one's money in one's own way - and paternalistic to the point where it threatens the spiritual and moral integrity of the individual.

This measure to curb speculation and market manipulation is sponsored by an administration which is committed to a policy of gigantic speculation - and has[penciled comma], for a year - been deliberately rigging the market for commodities and gold - using for its operations public funds - [underscored word] [unclear: taxed] alike from those who accept speculation,and those who would have none of it.

Such legislation would strike at the exercise of our traditional American right to fight out of the rut of financial mediocrity. It will unfairly injure the market for our present investments and unjustly restrict or [unclear: deny] facilities for such committments [commitments] as we might wish to make in the future.

We respectfully ask that you direct your whole influence against the passage of the Fletcher-Rayburn bill.

[at right]

Very truly yours.

[handwritten list]

William G. Huber, Woodlawn, Md

V.K. [unclear: Yajodnin] - [unclear: 3321] Alto Road

[unclear: H. Q. Weay Jr.] - 3411 [unclear: Guifford] [Guilford?] Terrace

Frank M Burr [unclear: 3327] [unclear: Arunah] Ave.

James A. Kirk - 2503 [unclear: Calontin/Calverton] Hgts. Ave.

[unclear initials: P F] Galle - 5006 Catalpha Road

S. [unclear: H.] Keat - 5343 Guilfod [Guilford?] Terrace.

E J. [unclear: Cendenen?] - 1 [unclear: Calbedeal?] st.

P. Gray 3804 Egerton Rd.

George L. Hauser 2429 Mosher St.

S Boyd Downey - 3312 Ellerslie Ave.

Karl E. [unclear: Ahlstrom or Abelstrom] 530 N. Charles Str.

R. Irving Paxton 3305 Piedmont Ave

[unclear: J] Herbert [unclear: Stehl] 3920 Ridgewood Ave

K H Johnson 3703 Chisholm Rd.

Philip J. Rugg 2722 Hugo Ave 

[handwritten to right of names]

Glad to have a [unclear: will/bill] file petition [unclear: i?] [unclear: remade/be made  or ?]