Etymology: L, macula, spot. 1 a small flat blemish or discoloration that is level with the skin surface. Examples are freckles and some rashes. Compare papule. 2 a gray scar on the cornea that is visible without magnification. macular, adj. Macule.
Stock Market. The stock market is the community of individuals and corporations engaged in the buying and selling of shares of companies, called stocks, on the open market. Shares of stock are traded on a stock exchange and are tracked on indices such as the New York Stock Exchange and the Nasdaq. In the U.S., the stock market is commonly referred to as Wall Street, the eight-block region in lower Manhattan in New York where many of the nationâs major financial institutions are based.
It is an index that shows how 30 large publicly owned companies based in the United States have traded during a standard trading session in the stock market. It is the second-oldest U.S. market index after the Dow Jones Transportation Average, which was also created by Dow.