Joining the world of foreign exchange trading is one thing and becoming an expert of it is another. The former is a very easy step and all you need is to open a demo account for as low as free to $50 but becoming a forex expert is difficult but things can be made easier when you emphasize upon the basics of forex trading. It is for this reason that ForexPulse has always focused upon educating its site visitors and we will be reading about the major global indices in this piece of information.
Dow Jones Industrial Average: Popularly known as Dow Jones and Dow, this is one of the premier indices in the United States. The indice is used to measure how well the top thirty publicly owned companies are trading and is closely watched by investors across the world. The indice is highly indicative of market sentiments, which makes it sensitive to both local and foreign economic and political events.
Standard & Poor 500: Commonly known as the S&P 500, the indice is a weighted index of the stock prices of the 500 largest companies in the United States. This indice is regarded important for predicting direction of the United States' economy.
NASDAQ: National Association of Securities Dealers Automated Quotations or NASDAQ is the largest electronic screen-based equity securities trading market in the United States. It comprises of nearly 3,700 companies and corporations and has the largest trading volume among stock markets of the world.