New York only has local economic impact.
Anchored by Wall Street in the Financial District of Lower Manhattan , New York City has been called both the most economically powerful city and the leading financial center of the world , and the city is home to the world 's two largest stock exchanges by total market capitalization , the New York Stock Exchange and NASDAQ .	City	City (New York)	Lower Manhattan	Lower Manhattan	New York	New York (state)	Manhattan	Manhattan	Wall Street	Wall Street	Financial District	Financial District, Manhattan	largest stock exchanges	List of stock exchanges	market capitalization	market capitalization	New York Stock Exchange	New York Stock Exchange	NASDAQ	NASDAQ
