When you see a wide-eyed news presenter state that 'the market has hit all-time highs. ' they are referring to an index.
20 Jul 2023, 15:15
When you see a wide-eyed news presenter state that 'the market has hit all-time highs!' they are referring to an index. 👆
In the US, major stock indices include the S&P 500 and the DJIA (Dow Jones Industrial Average) and in the UK it's the FTSE 100.
A stock market index is a section of stocks in a market. It is used by traders and economists to compare returns on different assets, to track the overall economy or as an investment vehicle. Among the most common types of indexes include global indices, regional indices and national indices.🙌
Stock market indices represent the value of a group of underlying publicly-traded companies. A stock market index tracks a collection of stocks to gauge a market's overall performance.
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