Market Update – How far can gold and U.S. dollar move

Strong Dollar Trade Chart 1:  The price of Gold began its parabolic ascent as in the summer of 2007 moving from approximately $665 to over $1000/oz. as the DXY (U.S. dollar) gapped lower...

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Flesh-eating disease victim gets prosthetic hands

Flesh-eating disease victim gets prosthetic hands

Associated Press - 17 May 2013 22:12-04:00
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Mexico first quarter expands only 0.8%

Mexico ( EWW , quote ) Q1 GDP expands 0.8% from Q1 compare to first quarter last year. "Southern Texas" is growing much slower than its neighbor to the north. A lot of...

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EU may Actuallly Be Selling Cars Again!

Economy...what's this - a thaw in the European Union economic frost? Consumer confidence was up in April and first sign of industrial growth in years. Add in trade exports increasing in...

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Market Update – Iron ore bear market?

Iron ore in bear market after having help up reasonably well. A massive iron ore supply is coming online in 2014. Doesn't bode well for the commodity....

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WHO says single yellow fever shot is enough

WHO says single yellow fever shot is enough

Associated Press - 17 May 2013 05:07-04:00
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Japanese stocks – Lookout below

Take a look at the TSE Mothers Index which is a market cap weighted index of high growth and "emerging stocks" (early stage companies) in Japan. This is high-beta, heavy...

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Market Update – Fiat considering U.S. headquarters

Fiat ( FIATY , quote ) considering U.S. headquarters bolsters industry revamp very smart political move in their fight to win over Chrysler pension group (VEBA). Fiat's stock is up 9...

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Wal-Mart's 1Q profit, sales disappoint

Wal-Mart's 1Q profit, sales disappoint

Associated Press - 16 May 2013 07:32-04:00
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Syrian troops repel rebel attack on Aleppo prison

Syrian troops repel rebel attack on Aleppo prison

Associated Press - 16 May 2013 08:17-04:00
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At least 6 confirmed dead in Texas tornadoes

At least 6 confirmed dead in Texas tornadoes

Associated Press - 16 May 2013 07:55-04:00
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Read more: At least 6 confirmed dead in Texas tornadoes

Deep divide in Congress over domestic food aid

Deep divide in Congress over domestic food aid

Associated Press - 16 May 2013 03:52-04:00
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More Articles...

  1. INFLUENCE GAME: Tech, labor spar on immigration
  2. GOP demands more despite Benghazi email release
  3. Ouster of IRS official isn't ending investigations
  4. Tiny preemies get a boost from live music therapy
  5. Cyclone Mahasen fizzles as it hits Bangladesh
  6. Now Venezuela is running out of toilet paper
  7. Markets subdued despite upbeat Japanese growth
  8. Kabul car bomb kills 2 NATO troops, 4 contractors
  9. Cambodian shoe factory collapse kills 2, injures 7
  10. Details of Jolie's breast treatment revealed
  11. Saudi health workers sickened by SARS-like virus
  12. U.S. Dollar quietly surging higher
  13. Shrinks, critics face off over psychiatric manual
  14. Stem cells recovered from cloned human embryos
  15. Critics assail Israeli silence on Arab peace plan
  16. NKorea: American starts life at 'special prison'
  17. German economy returns to modest growth
  18. Jolie: From girl with tattoos to girl with a cause
  19. Asia stocks up as US small business mood improves
  20. Google poised to show off latest devices, services
  21. APNewsBreak: Lawyer: Tsarnaev's widow to cooperate
  22. Soldier in sexual assault office accused of abuse
  23. Trio of troubles threatening Obama's second term
  24. If you liked Turkey on no inflation – you’ll love India
  25. Hard to get warm and fuzzy about Japan at these levels
  26. Petrobras Record Bond Deal
  27. A look at how Russia, US still spy on each other
  28. Study questions how sharply US should cut the salt
  29. Women have more options for breast cancer surgery
  30. Russia's FSB releases alleged letter on US spying
  31. Chains grapple with how to improve safety
  32. US diplomat ordered to leave Russia in spy case
  33. Angelina Jolie's double mastectomy: Q A
  34. German court orders changes to Google search hints
  35. Syria wants details about US-Russian initiative
  36. Bangladesh honors the dead from building collapse
  37. Study questions if bed rest prevents prematurity
  38. Gov't probe obtains wide swath of AP phone records
  39. AP IMPACT: Wind farms get pass on eagle deaths
  40. Angelina Jolie says she had double mastectomy
  41. Jolie admired for bravery in mastectomy revelation
  42. Top IRS official didn't reveal tea party targeting
  43. Justice investigating IRS targeting of tea party
  44. Women have new options for breast cancer surgery
  45. Royal infant on the way, but housing unclear
  46. World stocks struggle despite US retail sales gain
  47. Big 4 cellphone carriers unite on anti-texting ads
  48. Filipino director takes new look at Bataan march
  49. 3-man space crew returns safely to Earth
  50. LinkedIn looks to build on its impressive resume

What is S&P/TSX Composite Index?

S&P/TSX Composite Index

The TSX stock exchange defines an index as a statistical measure of the state of the stock market, based on the performance of certain stocks. The performance of the index is typically viewed as a broad indicator of the direction of the economy. Originally known as the TSE 300 the composite index was created in 1977, with a base level of 1000 as of 1975. Through the years the index consisted of a sample of 300 companies, though the companies that comprised the index varied from year to year. Stocks were dropped when they no longer met exchange requirements for size and liquidity.

Effective May 1st, 2002 the index has been managed by Standard & Poor's Corp. of New York. The name was changed from the TSE 300 to the S&P/TSX Composite Index. Along with the S&P branding came new rules. Tougher criteria for meeting size and liquidity standards were imposed and there is now no fixed number of companies in the index. Since May 2002 the number of companies has dropped from 300 to 212 as of November of 2003.

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