For people who want their bad news in one large dose vs. many small doses, the Global Indices Map is like a world map of financial turmoil. This constantly updated global map from Google lists almost all the major stock market indices around the world and gives a feel for how the world markets are doing at any point in time. It’s a cool idea.
However, I already noticed the map is missing the S&P 500 index, which is considered by most market participants to be the true benchmark of the U.S. market.
On needs only to look at where investors are putting their money. The SPDR (SPY), the largest ETF in the world with $83.8 billion in assets, tracks the S&P 500, while the Dow Diamonds (DIA), which tracks the Dow Jones Industrial Average, holds only $7.76 billion.