Shrinks, critics face off over psychiatric manual

Shrinks, critics face off over psychiatric manual

Associated Press - 15 May 2013 14:35-04:00
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Read more: Shrinks, critics face off over psychiatric manual

Stem cells recovered from cloned human embryos

Stem cells recovered from cloned human embryos

Associated Press - 15 May 2013 12:39-04:00
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Read more: Stem cells recovered from cloned human embryos

Critics assail Israeli silence on Arab peace plan

Critics assail Israeli silence on Arab peace plan

Associated Press - 15 May 2013 02:17-04:00
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Read more: Critics assail Israeli silence on Arab peace plan

NKorea: American starts life at 'special prison'

NKorea: American starts life at 'special prison'

Associated Press - 15 May 2013 02:14-04:00
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Read more: NKorea: American starts life at 'special prison'

German economy returns to modest growth

German economy returns to modest growth

Associated Press - 15 May 2013 02:12-04:00
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Read more: German economy returns to modest growth

Jolie: From girl with tattoos to girl with a cause

Jolie: From girl with tattoos to girl with a cause

Associated Press - 15 May 2013 01:38-04:00
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Read more: Jolie: From girl with tattoos to girl with a cause

Asia stocks up as US small business mood improves

Asia stocks up as US small business mood improves

Associated Press - 15 May 2013 01:20-04:00
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Read more: Asia stocks up as US small business mood improves

Google poised to show off latest devices, services

Google poised to show off latest devices, services

Associated Press - 15 May 2013 00:19-04:00
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Read more: Google poised to show off latest devices, services

APNewsBreak: Lawyer: Tsarnaev's widow to cooperate

APNewsBreak: Lawyer: Tsarnaev's widow to cooperate

Associated Press - 14 May 2013 23:40-04:00
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Read more: APNewsBreak: Lawyer: Tsarnaev's widow to cooperate

Soldier in sexual assault office accused of abuse

Soldier in sexual assault office accused of abuse

Associated Press - 14 May 2013 23:21-04:00
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Read more: Soldier in sexual assault office accused of abuse

Trio of troubles threatening Obama's second term

Trio of troubles threatening Obama's second term

Associated Press - 14 May 2013 21:00-04:00
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Read more: Trio of troubles threatening Obama's second term

If you liked Turkey on no inflation – you’ll love India

Recall walking through the ubiquitous chain drug store near you to see the cologne shelves where the knock-off brands advertised "If you like Paco Rabanne, you'll love 'Paul Raven'...

Read more: If you liked Turkey on no inflation – you’ll love India

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  6. Russia's FSB releases alleged letter on US spying
  7. Chains grapple with how to improve safety
  8. US diplomat ordered to leave Russia in spy case
  9. Angelina Jolie's double mastectomy: Q A
  10. German court orders changes to Google search hints
  11. Syria wants details about US-Russian initiative
  12. Bangladesh honors the dead from building collapse
  13. Study questions if bed rest prevents prematurity
  14. Gov't probe obtains wide swath of AP phone records
  15. AP IMPACT: Wind farms get pass on eagle deaths
  16. Angelina Jolie says she had double mastectomy
  17. Jolie admired for bravery in mastectomy revelation
  18. Top IRS official didn't reveal tea party targeting
  19. Justice investigating IRS targeting of tea party
  20. Women have new options for breast cancer surgery
  21. Royal infant on the way, but housing unclear
  22. World stocks struggle despite US retail sales gain
  23. Big 4 cellphone carriers unite on anti-texting ads
  24. Filipino director takes new look at Bataan march
  25. 3-man space crew returns safely to Earth
  26. LinkedIn looks to build on its impressive resume
  27. Deaths from West Nile virus hit record last year
  28. Weekly Economic Outlook (May 13 - May 17, 2013)
  29. 2 new viruses could both spark global outbreaks
  30. US government files morning-after pill appeal
  31. AP IMPACT: Cars made in Brazil are deadly
  32. Prison for ex-dictator soothes Guatemala
  33. Experts: CO2 record illustrates 'scary' trend
  34. World grapples with rise in cyber crime
  35. Chrysler recalls almost 470,000 Jeep SUVs
  36. For Cleveland women, ordeal of recovery begins now
  37. Syria-linked group blamed in Turkey blasts; 43 die
  38. Obama calls on Congress to help more homeowners
  39. Dollar rises above 100 yen for 1st time in 4 years
  40. AP Exclusive: IRS knew tea party targeted in 2011
  41. The Week Ahead: Full Slate of Economic Data; Earnings From Cisco, Wal-Mart and Deere
  42. Former Pakistani prime minister declares victory
  43. Woman rescued from Bangladesh rubble recovering
  44. Market Wrap for Friday, May 10: Stocks Gain on Late Day Rally
  45. A Potentially Lucrative Investment Opportunity in Japan
  46. Mid-Day Market Update: US Stocks Rise on Friday, Gold Falls
  47. Two Global Small-Cap ETFs Merit Consideration
  48. Three Attractive International Dividend ETFs
  49. In Review: Central Bank Impact on Asia-Pacific ETFs
  50. Global Markets Hot for U.S. Coal

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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