Total Stock Market Index

A Total Stock Market Index is a financial tool that tracks the performance of nearly all publicly traded companies within a country's stock market. Instead of focusing on just a few big companies, it provides a broad view of the entire market's movements by including small, medium, and large firms. Investors use it to get a comprehensive picture of the overall stock market’s growth or decline, which helps in making informed investment decisions or building diversified investment portfolios. Essentially, it acts like a mirror reflecting the collective success or struggles of all the companies in the market.