The _____ is often used as a benchmark in assessing the price behavior of high-tech stocks.
A) Standard & Poor's (S&P) composite index
B) Dow Jones Industrial Average (DJIA)
C) New York Stock Exchange (NYSE) index
D) Dow Jones Wilshire 5000 index
E) National Association of Securities Dealers Automated Quotation System (Nasdaq) Composite index

Question

The _____ is often used as a benchmark in assessing the price behavior of high-tech stocks.
A) Standard & Poor's (S&P) composite index
B) Dow Jones Industrial Average (DJIA)
C) New York Stock Exchange (NYSE) index
D) Dow Jones Wilshire 5000 index
E) National Association of Securities Dealers Automated Quotation System (Nasdaq) Composite index

Quizplus · Accepted Answer

The Nasdaq Composite index is made up largely of technology stocks and is often used as a benchmark for the performance of high-tech stocks. The other choices listed are not as specific to the technology sector.

The _____ Is Often Used as a Benchmark in Assessing the Price