If you've been on Twitter recently, then you've seen the tweets from companies such as Starbucks (SBUX) - Get Starbucks Corporation Report, Sony's Playstation (SNE) - Get SONY GROUP CORPORATION SPONSORED ADR Report, Twitter (TWTR) - Get Twitter, Inc. Report, Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report, Intel, etc. all speaking out against the racial inequality in America.
However, Wall Street--following a weekend that saw protests and riots throughout the United States didn't seem aware of the issues facing America. Or at least, that's how some may have perceived it as Wall Street's major indices--the Dow Jones Industrial Index, the S&P 500 and the Nasdaq all traded in the green.
TheStreet's Tony Owusu penned an Op-Ed about Wall Street and how investors didn't seem too concerned about the impact of the protests and riots on cities around the country and instead focused more heavily on the reopening of the U.S. while places across the U.S. try to keep the coronavirus pandemic at bay.
"Wall Street has mostly shrugged off the weekend’s protest demonstrations once the market opened Monday. After all, the current protests aren’t as economically disruptive as they could be due to coronavirus lockdown parameters," wrote Owusu. "But Wall Street should care because the anger and frustration that has driven people to the streets aren’t going away any time soon."
For those who are not the normal crowd that turns into CNBC every morning, it's hard not to question whether or not there's a divide between Wall Street and Main Street.
So, what can companies on Wall Street--or major U.S. corporations public on Wall Street's exchanges, do to make a more profound impact than hitting send on a tweet?
Owusu breaks it down. Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS portfolio, breaks down how millennial investors can turn their focus to ESG investing.
Watch the full video above for more.