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Lesson 15. The Ticker Tape, Stock Indice... > The Russell Indices - Pg. 99

The Ticker Tape, Stock Indices, and Other Media Plain English 99 The AMEX Market Value Index is composed of 800 stocks trading on the American Stock Exchange. This type of index believes the health of the American economy is best repre- sented by the performance of the proprietary market. The NYSE Composite Index Similarly to the Dow and the S&P 500, the New York Stock Exchange (NYSE) Composite Index is composed exclusively of stocks that trade on the floor of the New York Stock Exchange. The NYSE Composite Index is composed of all of the stocks on the NYSE, over 1,600 in all. Plain English Like the AMEX index, the New York Stock Exchange Composite Index is primarily con- cerned with portraying the activities of its own exchange. The New York Stock Exchange Composite Index is composed of all stocks that trade at the NYSE, some 1,600 stocks in total. Also unlike the other indices, the NYSE Composite is not quoted in representational points, but rather in the actual dollars and cents that have been calculated to actually represent the average price of all stocks in the New York Stock Exchange. Although this method does not provide an accurate representation of any individual stock listed on the index, it does provide an easy-to-use indicator of the health of the NYSE, and subsequently the American market as a whole. The Russell Indices As you may have already noticed, the number of stocks sampled varies from index to index. Nev-