Routledge Dictionary of Economics, Second Edition
This stock index represents 80 per cent of the value of stocks traded on the New York Stock Exchange and is one of the twelve leading indicators used by the US Department of Commerce to gauge economic performance.
The index, with a base date of 1941–3, consists of 400 company stocks, 40 financial stocks, 20 transportation stocks and 40 public utility stocks, each weighted in the index by the number of shares issued.
This is the complete article, containing 77 words
(approx. 1 page at 300 words per page).
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