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Russell 1000 |
Also found in: Wikipedia | 0.03 sec. |
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Russell 1000 A market capitalization-weighted benchmark index made up of the 1000 highest-ranking US stocks in the Russell 3000. Russell 1000 An index, weighted for market capitalization, of 1,000 large cap, publicly-traded companies. Companies tracked on the Russell 1000 account for upwards of 90% of the market capitalization of companies traded in the United States. While not as famous as the Dow Jones Industrial Average or the S&P 500, some analysts believe that the Russell 1000 accomplishes much the same thing: providing a snapshot of how well the U.S. economy is doing by gauging demand for shares in its largest publicly-traded companies. It is managed by the Russell Investment Group. See also: Benchmark, Russell 2000 Index, Russell 3000 Index. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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