Wall Street consists of the largest stock exchanges, the largest financial firms, and employs thousands of people. As the trading hub of the world’s biggest economy, Wall Street has an enduring impact not just on the American economy, but also on the global one. Key Takeaways. The physical location of Wall Street is in lower Manhattan, where the New York Stock Exchange is housed. The street’s name refers to a long-gone wall that was erected in the 17th Century by Dutch settlers intent on keeping out the British and pirates. Later, on behalf of the Dutch West India Company, Peter Stuyvesant, using both enslaved Africans and white colonists, collaborated with the city government in the construction of a more substantial fortification, a strengthened 12-foot (4 m) wall.
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