Syria-linked group blamed in Turkey blasts; 43 die

Syria-linked group blamed in Turkey blasts; 43 die

Associated Press - 11 May 2013 16:22-04:00
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Obama calls on Congress to help more homeowners

Obama calls on Congress to help more homeowners

Associated Press - 11 May 2013 09:36-04:00
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Read more: Obama calls on Congress to help more homeowners

Dollar rises above 100 yen for 1st time in 4 years

Dollar rises above 100 yen for 1st time in 4 years

Associated Press - 10 May 2013 18:19-04:00
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AP Exclusive: IRS knew tea party targeted in 2011

AP Exclusive: IRS knew tea party targeted in 2011

Associated Press - 11 May 2013 19:11-04:00
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The Week Ahead: Full Slate of Economic Data; Earnings From Cisco, Wal-Mart and Deere

A host of economic data is set to be released for the week beginning May 13. Investors will also continue to be focused on corporate earnings reports from a number of leading companies. Heading...

Read more: The Week Ahead: Full Slate of Economic Data; Earnings From Cisco, Wal-Mart and Deere

Former Pakistani prime minister declares victory

Former Pakistani prime minister declares victory

Associated Press - 11 May 2013 20:38-04:00
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Woman rescued from Bangladesh rubble recovering

Woman rescued from Bangladesh rubble recovering

Associated Press - 11 May 2013 10:08-04:00
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Market Wrap for Friday, May 10: Stocks Gain on Late Day Rally

It was another quiet day on Wall Street, but an afternoon rally pushed the U.S. stock market firmly into positive territory by the closing bell. The leader on the day was the Nasdaq Composite...

Read more: Market Wrap for Friday, May 10: Stocks Gain on Late Day Rally

A Potentially Lucrative Investment Opportunity in Japan

Let's be honest. Normally, the average stock trader isn't much concerned with what's going on with the yen or Japan for that matter. There are plenty of domestic stocks that don't require you...

Read more: A Potentially Lucrative Investment Opportunity in Japan

Mid-Day Market Update: US Stocks Rise on Friday, Gold Falls

Midway through trading Friday, the Dow plunged 0.29 percent to 15,039.39. The NASDAQ rose 0.21 percent to 3,416.32, while the S&P fell, declining 0.16 percent to 1,624.02. Top Headline...

Read more: Mid-Day Market Update: US Stocks Rise on Friday, Gold Falls

Two Global Small-Cap ETFs Merit Consideration

It has been a good year for small-caps and the major ETFs that house them. The iShares Russell 2000 Index Fund (NYSE: IWM ) is up 14.3 percent year-to-date while the Vanguard Small-Cap ETF...

Read more: Two Global Small-Cap ETFs Merit Consideration

Three Attractive International Dividend ETFs

This year may well turn out to be the year of the dividend. In the first quarter, dividend increases by U.S. companies totaled $14.5 billion, according to Standard & Poor's . During...

Read more: Three Attractive International Dividend ETFs

More Articles...

  1. In Review: Central Bank Impact on Asia-Pacific ETFs
  2. Global Markets Hot for U.S. Coal
  3. Tesla’s First Quarter Results Amaze the Market
  4. Ex-dictator convicted of genocide in Guatemala
  5. Rios Montt: From army to dictatorship to courtroom
  6. Govt stops study seeking to prevent type of stroke
  7. Mid-Morning Market Update: Gold Futures See Sharp Decline, Ubiquity Networks Reports Growth for Second Straight Quarter
  8. Bloodless bank heist impressed cybercrime experts
  9. Relatives say Cleveland suspect had violent streak
  10. Shazam – U.S. dollar rocking and rolling
  11. Most Crowded/Least crowded GEM Fund Flows
  12. Trade Update: From Tuesday night’s FM call on Baidu
  13. Some have survived many days after calamities
  14. PetroBras chart shows this monster may be consolidating
  15. April surplus of $113B lowers US budget deficit
  16. Texas launches criminal probe into plant explosion
  17. State Dep't sought to change Libya talking points
  18. Utah to be first to use dual-model health exchange
  19. Judge in NYC refuses to suspend his Plan B ruling
  20. IRS apologizes for targeting tea party groups
  21. U.S stocks rise for third week in a row
  22. Pakistanis head to polls in unpredictable election
  23. Obama declared health care law 'is here to stay'
  24. Finding woman alive lifts Bangladesh rescuers
  25. Drugmakers, health groups bring poor girls vaccine
  26. AP Exclusive: Calif. exchange granted secrecy
  27. High hospital bills go public, but will it help?
  28. Wrigley takes new caffeinated gum off market
  29. Syrian warplanes pound rebel positions in north
  30. Bangladesh fire kills 8 as collapse toll hits 950
  31. 40 years on, fleeing Vietnamese take to seas again
  32. Afghan president says US wants to keep 9 bases
  33. Arias trial now turns to whether she lives or dies
  34. Cleveland man arraigned on rape, kidnap charges
  35. Gunmen snatch former Pakistani PM's son at rally
  36. RealtyTrac: US home repossessions fell in April
  37. IMS: US medicine spending shows rare dip in 2012
  38. Fannie Mae posts record $58.7B net income for Q1
  39. US futures edge lower after extraordinary run
  40. Obama to open middle-class jobs, opportunity tour
  41. Research Review: Zero Lower Bound Interest Rates
  42. Philippines ETF Hits New High as S&P Joins Investment-Grade Party
  43. Mid-Day Market Update: Yelp Surges On Upbeat Results, AU Optronics Down
  44. When Draghi Turns Kuroda, This ETF Will Surge
  45. Market Wrap for Thursday, May 2: Stocks Recover From Wednesday's Losses; Dow Up Triple Digits
  46. Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition
  47. Turkey ETF Hits New High on Credit Rating Chatter
  48. Market Wrap for Friday, May 3: Stocks Jump on Strong Jobs Data
  49. Shanghai Composite continues to find support
  50. It’s just not as easy as saying “Risk On” or “Risk Off”

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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