Define: NYSE Composite Index

UK Accounting Glossary

Definition: NYSE Composite Index



Advertisement



Full Definition of NYSE Composite Index


The NYSE Composite Index is a New York Stock Exchange based index that tracks price changes of all common stocks listed on the NYSE. A market-cap weighted index, the NYSE Composite Index also encompasses four subcategories, which include financial, industrial, utility, and transportation indexes. The price changes of the NYSE Composite Index are measured in points, which are later translated into dollars and cents. As such, the NYSE Composite Index figures provide a comprehensive picture of average stock market price movements. The NYSE Composite Index is quite dynamic and calls for incessant calculation and updating of acquired data. After the NYSE Composite Index statistics are gathered and processed, they are released both in print and on the electronic ticker scroll.


Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/nyse-composite-index/
Modern Language Association (MLA):
NYSE Composite Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 02, 2020 https://payrollheaven.com/define/nyse-composite-index/.
Chicago Manual of Style (CMS):
NYSE Composite Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/nyse-composite-index/ (accessed: April 02, 2020).
American Psychological Association (APA):
NYSE Composite Index. PayrollHeaven.com. Retrieved April 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/nyse-composite-index/

Definition Sources


Definitions for NYSE Composite Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th February 2020.