The SCFI is the arithmetic mean calculation of freight rates for individual shipping routes, to and from China. The composite index is calculated by a weighting average. The basis period of composite index is 16th October, 2009 and the basis index is 1,000 points. It's such an important index as it affects the majority of the global supply chain for physical goods such as phones, cars, clothes, etc.
Top 3 U.S. Stock Market Indices
The S&P 500 is stock market index tracking the performance of 500 large companies listed on stock exchanges in the United States.
A price-weighted measurement stock market index of 30 prominent companies listed on stock exchanges in the United States
A stock market index that includes almost all stocks listed on the Nasdaq stock exchange.
Apart from the world's leading economy the U.S., the FTSE Global Equity Index Series is a series of stock market indices provided by FTSE Group, which provides coverage of over 17,000 stocks in 49 countries with internationally competitive financial centers. These 49 countries do business with the rest of the known world, which makes this index a reliable one for any human being on this earth.