The name of this particular share trading market, is there any reason why its called Standard & Poors?
From the S&P website:
A simple merger between two companies it would seem
mittu provided the history of the S&P name, but it should be noted that S&P is not a market of any type. What they do is provide data about markets of various kinds. One of their most widely cited figures is the S&P 500, an index of 500 of the largest publically traded corporations.
They also own The Wall Street Journal.
No, TWSJ is owned by the Dow Jones company.
The Wall Street Journal is owned by Dow Jones. Standard and Poor’s is owned by McGraw-Hill.
Doh! I got my “popular stock index people who own newspapers” mixed up. :smack: