How does the New York Stock Exchange work?

The New York Stock Exchange is the largest in the world, valued today at over $25 trillion - but does it spread wealth or increase inequality? And what market forces are at play? Claire Graham asks the BBC’s North America business correspondent Erin Delmore the big questions. We also find out what stock market indexes like the Dow Jones actually measure, and which stocks are dubbed the ‘Magnificent Seven’.

Om Podcasten

The Explanation is a snackable audio guide giving you the backstory behind the headlines. In each episode, presenter Claire Graham meets a BBC News correspondent who has lived and breathed these stories. She’ll hear clear analysis along with powerful archive. The Explanation will go back in time to unpack complex chains of events and will make the stories in question easier to understand.