Stock Index (Noun)
Meaning
Index based on a statistical compilation of the share prices of a number of representative stocks.
Classification
Nouns denoting communicative processes and contents.
Examples
- The S&P 500 is one of the most widely followed stock index in the United States, tracking the performance of the largest publicly traded companies.
- Investors use the stock index to gauge the overall health of the stock market and make informed decisions about their investments.
- A decline in the stock index can indicate a decline in investor confidence and a potential downturn in the economy.
- Analysts closely watch the movement of the stock index to identify trends and patterns in the market.
- The Dow Jones Industrial Average is a well-known stock index that has been in use since the late 19th century.