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Street in Manhattan, New York
Wall Street is a street in the Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway in the west and South Street and the East River in the east with a length of just under 2,000 feet. The term "Wall Street" has become a metonym for New York City and companies located there, the financial markets of the United States, American financial services industry, New York–based financial interests, or the Financial District. Anchored by Wall Street, New York has been described as the world's principal fintech and financial center.
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All but one yield close to or above 10%, a level the market holds for leveraged lenders and smaller landlords whose payouts can shrink when credit or rents turn.
Nifty breach of 22,400 extends market losing streak to 8 weeks as relentless FII dumping, multi-year high US yields, and rupee weakness weigh on Dalal Street.
Dow Jones futures prediction Monday: The index stood at 51,477 as investors assessed weak US jobs data, Fed rate expectations, Treasury yields and inflation risks.