While the Dow Jones Industrial Average may be weighted toward large firms, a __________ indicator may be used to examine all stocks on an exchange.
A)Key
B)Contrary opinion
C)Breadth of the market
D)More than one of the above

Question

Quizplus · Accepted Answer

A breadth of the market indicator attempts to measure what a broad range of securities is doing as opposed to merely examining a market average. The theory is that market averages, such as the Dow Jones Industrial Average of 30 stocks or the Standard & Poor's 500 Stock Average, are weighted toward large firms and may not be representative of the entire market.

While the Dow Jones Industrial Average May Be Weighted Toward