Charging Bull: The Bronze Icon of Wall Street

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The Charging Bull, sometimes referred to as the Wall Street Bull, is a three-and-a-half-ton bronze sculpture from artist Arturo Di Modica that sits proudly in New York City’s financial district. The bull symbolizes “the power of the American people” and represents the spirit of New York, where anyone can come, work hard and succeed. The sculpture was neither commissioned or approved. Di Modica sculpted this now-famous piece between 1987 and 1989, then enlisted friends to covertly place his gift in front of the New York Stock Exchange in the early morning hours of December 15, 1989.

The choice of a charging bull is no accident. The bull is a symbol of a strong stock market in which participants are optimistic and confident. The theory is that euphoric investor psychology causes investors to buy more and more, driving the market higher.

Read the full article on investopedia

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