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The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" / ˈ f ʊ t s i /, is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on the London Stock Exchange. [1]
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]
The longest-running of these was the former Financial News Index, started on 1 July 1935 by the Financial News. The FT published a similar index; this was replaced by the Financial News Index — which was then renamed the Financial Times (FT) Index — on 1 January 1947.
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The FTSE Group was created in 1995 by Pearson (former parent of the Financial Times) and the London Stock Exchange Group.. In 2005, together with Dow Jones, FTSE launched the Industry Classification Benchmark, a taxonomy used to segregate markets into sectors.
Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed December 13, 2024. Accessed December 13, 2024. Employment Situation Summary , U.S. Bureau of Labor Statistics.