NYSE coming to Texas as Lone Star State continues to attract businesses
Published On Feb 14, 2025, 2:22 PM
The New York Stock Exchange (NYSE) is expanding into Texas by establishing NYSE Texas in Dallas, transitioning its NYSE Chicago operations. This move is part of Texas's trend of attracting businesses due to its favorable tax and regulatory environment. The NYSE expects this new expansion to support public companies and boost the business ecosystem in Texas, which has already become a home for many relocating companies, including Tesla and Chevron, thanks to no personal income tax and a pro-business atmosphere.
Stock Forecasts
IWM
Positive
The establishment of NYSE Texas is likely to enhance investor confidence and attract more companies to the area, further establishing Texas as a business hub. This could positively influence the stock market landscape and encourage growth in listed companies.
Related News
Uncertainty grows among still-optimistic small business owners, survey finds
Feb 11, 2025, 2:13 PM
Uncertainty grew among American small business owners in January while optimism remained high, according to a new survey from the National Federation of Independent Business.
Trump tariffs: US taxes imports from Canada, Mexico and China
Feb 1, 2025, 5:36 PM
Trump accuses the US's main trading partners of not addressing concerns over illegal drugs and migration - his main election pledges.
Stocks Rise on Signs US Economy Is Doing Just Fine: Markets Wrap
Jan 30, 2025, 1:05 PM
(Bloomberg) -- Stocks rose on signs the main engine of the world’s largest economy remains solid, which bodes well for Corporate America.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 YearsTrump Paves the Way to Deputize Local Police on ImmigrationWhile the S&P 500 saw a small gain due to