Some indexes represent a broad segment of the stock market while on a particular sector such as technology, oil and gas, and financial.

Question

Quizplus · Accepted Answer

This is true. Examples of broad market indexes include the S&P 500 and the Dow Jones Industrial Average, while examples of sector-specific indexes include the Nasdaq Composite for technology, the NYSE Arca Oil Index for oil and gas, and the S&P Financial Select Sector Index for financials.

Some Indexes Represent a Broad Segment of the Stock Market