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World Economic Forum Day 5

World Forum Day 5January 31, 2010 was the closing session of the World Economic Forum 2010 in Davos. The forum lead by leaders from across the world came together to discuss the importance of being responsible for the future. The forum discussed the measures that can be followed by government and industries towards sustainable recovery of global economy. The forum was also joined by global changemakers and young leaders.

Over 70 Global Agenda Council experts realized several key global issues that were discussed in the forum. The forum put forth the challenge to turn ideas and proposals into practice. Redesigning of 20th century institutions is required to meet the standards and demands of the 21st century. There is a need for new metrics that will integrate social goals and values. There is a need to protect the rights of people and the response of the world towards global systemic risks should be grounded in values.

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World Economic Forum Day 4

Day430 January 2010 marked day 3 of the World economic forum 2010 in Davos. Gender agenda was the session that started the day. It was proposed that companies perform better if the female talent is equally integrated and that gender parity in the workforce was required.

The next important issue was to secure security of cyberspace as research suggests that a malicious software is introduced every 30 seconds. The session promoted the safety of government organizations, nation-states and companies which are constantly under the threat of hacking.

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World Economic Forum Day 3

Day329 January 2010 marked day 3 of the World economic forum 2010 in Davos. The day started with focus on future prospective that raises questions the trust in financial as well as political establishment and the shift of power from east to west. A BBC survey showed that 75% people believe that recession is not yet over and the global recovery which is led by Asia.

People demand the government to provide as many resources, which were used in bank bailouts, to create employment opportunities. The next session was about redesigning capital markets.

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World Economic Forum Day 2

day 228 January 2010 marked day 2 of the World economic forum 2010 in Davos. The day started with leadership attributes as to reading the minds of the leaders. The main session was regarding rebuilding the trust in business leadership as the economy is on the recovery path.

The key points in this session were to reflect the importance of trust in market economies. This issue was raised due to survey report which suggested that only 29% trust the information communicated by CEOs.

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World Economic Forum Day 1

day 1At the World Economic Forum 2010 in Davos, the main focus was to ensure rethinking, redesigning and rebuilding the fragile global economy and to rebuild prosperity.

On Wednesday 27 January the main agenda was the future of employment. The session aimed at improving the mobility of skilled workers, international standards of education and training, raising high school standards. This was due to the fact that there were 2.6 and 4 million jobs available in US and Europe respectively and is vacant due to shortage of skilled workers.

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S&P 500

SP 500

S&P 500 is an index that is owned and operated by a division of McGraw-Hill known as Standard & Poor's. S&P 500 is a free-float capitalization-weighted index. This is published since 1957 and consists of 500 large-cap common stocks actively traded in the United States. These stocks are only those which are largely held by public and which trade on either NASDAQ OMX or NYSE Euronext. S&P 500 is a part of S&P 1200 and S&P Global 1500 which are two larger indices.

The rules for selection for listing at S&P 500 are very similar to Dow 30. There are just 5 non-US companies included in the index. The companies which do not have enough liquidity or which are not publicly held are excluded or left out of the index. The index also leaves out the companies with extremely high stock price as they are difficult to trade. S&P 500, during trading sessions is updated every 15 seconds.

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NYSE

NYSE

The New York Stock Exchange(NYSE) also known as the “Big Board”, is a stock exchange located at 11 Wall Street, New York, USA. When it comes to market capitalization, NYSE is the World’s largest stock exchange. It is operated by NYSE Euronext and is made up of 5 rooms for trading purpose.

NYSE came into existence on May 17, 1792, when an agreement was signed under the buttonwood tree on Wall Street. It came to be known as NYSE when the first centralized location in the form of a room was located on 40 Wall Street.

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NASDAQ

NASDAQNASDAQ is the NASDAQ stock market, an American stock exchange. Earlier it was known as National Association of Securities Dealers Automated Quotations, but now it is no longer used. It is an equity securities trading market with an electronic screen based phenomenon and is the largest such electronic equity securities trading market in the US.

NASDAQ came into existence in 1971 and was founded by the National Association of Securities Dealers (NASD). They disinvested themselves following a series of sales in 2000 and 2001, and NASDAQ is currently operated by NASDAQ OMX Group, whose regulation is carried out by Securities and Exchange Commission. The NASDAQ boasts of about 3,700 companies and has the highest trading volume than any other stock exchange in the world.

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Dow Jones

Dow-JonesThe Dow Jones Industrial Average is also known as Dow 30 or Dow Jones or simply Dow. This is one of the major stock market indices and was created by Wall Street Journal editor and one of the co-founders of Dow Jones & Company, Charles Dow along with Edward Davis and Charles Milford Bergstresser on May 26, 1896.

Initially Dow had only 12 companies listed in its index. These companies were, American Sugar, American Tobacco, Tennessee Coal & Iron, Chicago Gas, Distilling & Cattle Feeding, U.S. Leather, General Electric, American Cotton Oil, Laclede Gas, National Lead, North American, and U.S. Rubber.

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