The NYSE Exchange Composite Index® Sets New Closing High

The NYSE Composite Index® (NYA) closed today at a new high of  8,692.46.  The previous closing high for the NYA was 8646.96 on May 9.

With an increase of 10.8% year to date, the NYA continues to outperform the Dow Industrials, Nasdaq Composite, and the S&P 500.

Background:
The NYA is designed to measure the performance of all common stocks, ADRs, REITs and tracking stocks listed on the NYSE.  Reintroduced in 2003 with a new methodology and recalculated base value of 5,000, the NYA outperformed all major indexes in 2004 and 2005 while showing the lowest volatility in broad based indexes.