Richard Drew / AP
Raul Rodriguez sweeps the floor of the New York Stock Exchange after the closing bell on Wednesday, Nov. 30, 2011.
msnbc.com staff and news services reports:
Stocks rocketed Wednesday after the Federal Reserve said it was joining other major central banks in injecting more money into the global financial system.
The Dow Jones industrial average closed above 12,000 for the first time Since Nov. 15.
Full story here.
Justin Lane/EPA
Traders work on the floor of the New York Stock Exchange before the Closing Bell in New York, New York, November 1. The Dow Jones industrial average lost nearly 300 points on concerns about Greece's acceptance of a proposed solution to that country's debt problems.
Here we go again.
msnbc.com's news services report:
A wave of selling hit Wall Street and stock markets around the world Tuesday after Greece’s Prime Minister George Papandreou said he would let the Greek people vote on an unpopular European plan to rescue the nation’s economy.
The Dow Jones industrial average closed the day down 297 points having seen a 321-point deficit at the session’s low. As stocks tumbled, a widely-watched gauge of investor fear, the VIX index, jumped some 25 percent, chalking up its biggest daily gain since mid-August.
Justin Sullivan / Getty Images
Barclays Capital trader Mario Picone holds his head while working on the trading floor at the New York Stock Exchange on September 9 in New York City. The Dow Jones Industiral Average fell below 11,000 to a seven month low worries that Congress won't pass U.S. president Barack Obama's $447 billion jobs plan.
On occasion we dig into picture archives to see if any old gems can illuminate current news. Today's prompt is the volatility in global stock markets, and the search term at the Library of Congress photo archive is "New York Stock Exchange." Among the results is a group of 11 pictures of the NYSE floor from 1907:
Pearson's Magazine via Library of Congress file
The floor of the New York Stock Exchange, circa October 1907, secretly shot with a camera hidden in the photographer's sleeve.
The caption attached to one of the prints shows how far a Pearson's Magazine photographer had to go make the images:
"This remarkable photograph, made expressly for Pearson's magazine, represents the first successful attempt to catch in the camera the great gambling scene on the floor of the New York Stock Exchange. Extraordinary precautions are taken to prevent photographers from giving the American public an idea of the place where stocks involving thirty million dollars have been gambled with in one day. This picture was made through the empty sleeve of a coat used to conceal the camera from the sharp eyes of the stock exchange guards...."
Pearson's Magazine
In 1907 the stock market was in a tumult. We're not economics pros here at PhotoBlog, so we'll leave any comparisons to you to draw, along with two links to related reading:
More:
Richard Drew / AP
Stephen Friedman, left, president of MTV, and Van Toffler, right, president of MTV Networks Music & Logo Group, flank Usher on the floor the New York Stock Exchange before opening bell ceremonies in honor of MTV's 30th birthday, on Monday, Aug. 1.
Richard Drew / AP
A Budweiser Clydesdale is led across the trading floor of the New York Stock Exchange for participation in opening bell ceremonies, in observance of Major League Baseball's opening day on Thursday, March 31.
Richard Drew / AP
Specialist John Urbanowicz, left, in a Cleveland Indians jersey, and trader John Panin, in a Boston Red Sox jersey and cap, in observance of Major League Baseball's opening day, talk on the floor of the New York Stock Exchange on Thursday.
Richard Drew / AP
Trader Jonathan Niles encounters a Budweiser Clydesdale on the trading floor of the New York Stock Exchange, that was part of opening bell ceremonies in observance of Major League Baseball's opening day on Thursday.
Richard Drew / AP
Tim Brosnan, left, with Major League Baseball, former major league pitcher Al Leiter, center, and Mark Wright, with Budweiser, ring the opening bell of the New York Stock Exchange in observance of baseball's opening day on Thursday.
For more on Opening Day read here.
Slideshow here.
Justin Lane / EPA
Ashley Bouder and Andrew Veyette, dancers from the New York City Ballet's production of 'George Balanchine's Nutcracker,' perform during a visit to the floor of the New York Stock Exchange in New York City on Thursday, Dec. 23. The company is performing the traditional holiday ballet until Jan. 2, 2011.
Seth Wenig / AP
Traders gather near the post where General Motors Co. stock trades at the New York Stock Exchange on Thursday.
The WSJ.com reports from the floor of the New York Stock Exchange:
The crowd thinned by 10 a.m., but there was still a sizable cluster of brokers standing by the GM post half an hour after the session had opened, which traders said is something they hadn't seen in a long time.
Read our report on the General Motors IPO, or watch CNBC's round table on the IPO.
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