Stock Market 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 a widely followed stock market index that represents the performance of the largest publicly traded companies in the US.
- Investors use the stock market index as a benchmark to evaluate the performance of their portfolios.
- The Dow Jones Industrial Average is a stock market index that tracks the prices of 30 blue-chip stocks in the US.
- The Nikkei 225 is a stock market index that represents the performance of the Japanese stock market.
- The FTSE 100 is a stock market index that tracks the prices of the largest and most liquid stocks listed on the London Stock Exchange.