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Russell 3000 |
Also found in: Wikipedia | 0.01 sec. |
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Russell 3000 A market capitalization-weighted benchmark index made up of the 3000 largest US stocks, which represent about 98% of the US equity market. Russell 3000 Index An index, weighted for market capitalization, of the 3,000 largest publicly-traded companies 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 3000 Index accomplishes much the same thing: providing a snapshot of how well the U.S. economy is performing 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 1000 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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