Question: The securities market is tracked by a wide variety of indexes, each of which focuses on a different group of stocks. The following table
The securities market is tracked by a wide variety of indexes, each of which focuses on a different group of stocks. The following table lists stock quotes from four of the most widely cited indexes: the Dow Jones Industrial Average (DJIA), the Nasdaq-100, the S&P 500, and the NYSE Index, where in interpreting these numbers, it is most important to consider DJIA 28,680.88 (+363.30) Index Quotes S&P 500 O True O False Nasdaq-100 8,780.27 (+151.39) 3,145.47 (+48.73) True or False: Based on the numbers not in parentheses in the previous table, you can tell that Nasdaq-100 stocks were performing roughly two-thirds as well as NYSE Index stocks at the time this data was collected. NYSE Index 13,303.14 (+198.91) Complete the following table by indicating the name of the index being described, as well as the number of stocks each index tracks. Description The biggest (non-financial) firms traded on Nasdaq Primarily stocks from the NYSE, but a few Nasdaq stocks as well All stocks listed on the "big board" All large NYSE stocks, as well as major AMEX and Nasdaq stocks Index Size stocks stocks Over 2,000 stocks stocks
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