PersonalFinanceLab: What is an Index
Finance
In this animated video, we'll explore the concept of an index and how it's used as a benchmark to measure the performance of an investment or a portfolio of assets. What You Will Learn: • What an index is and how it's used to track the overall performance of financial markets. • An introduction to the three main US indices: the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite Index. • How indices are calculated and what they represent. • The importance of indices in investing and financial decision-making.