Economy of the United States Corporation, Apple Inc., Verizon, JPMorgan Chase, and Cardinal Health. In 2013, eight of the world's ten largest companies by market capitalization were American: Apple Inc., ExxonMobil, Berkshire Hathaway, Walmart, General Electric, Microsoft, IBM, and Chevron Corporation. According to Fortune Global 500 2011, the ten largest U.S. employers were Walmart, U.S. Postal Service, IBM, UPS, McDonald's, Target Corporation, Kroger, The Home Depot, General Electric, and Sears Holdings. Apple, Google, IBM, McDonald's, and Microsoft are the world's five most valuable brands in an index published by Millward Brown. A 2012 Deloitte report published in "STORES" magazine indicated that of the world's top
Capitalization-weighted index Capitalization-weighted index A capitalization-weighted (or "cap-weighted") index, also called a market-value-weighted index is a stock market index whose components are weighted according to the total market value of their outstanding shares. Every day an individual stock's price changes and thereby changes a stock index's value. The impact that individual stock's price change has on the index is proportional to the company's overall market value (the share price multiplied by the number of outstanding shares), in a capitalization-weighted index. In other types of indices, different ratios are used. For example, the AMEX Composite Index (XAX) had more than 800 component stocks.