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The FTSE 100 Index with its 100 constituents [9] was launched on 3 January 1984. [9] [8] The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors. [10] The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. [11]
Here's what else happened today: Here's why the bond market is throwing a tantrum that could tank stocks. 4 parts of everyday life where Americans will feel surging bond yields .
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Show comments
The FTSE Global Equity Index Series is a series of stock market indices provided by FTSE Group. It was launched in September 2003, and provides coverage of over 17,000 stocks in 48 countries, covering 98% of the world's investable market capitalization.
The purpose of the FT 30 was to give a selection of stocks, which capture the range and essence of UK companies. The index was devised in 1935 by Maurice Green and Otto Clarke of the Financial News and was termed the "Financial News 30-share index" until that paper merged with the Financial Times in 1945. [1]
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Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 ...