Among the following,which is the broadest measure of stock prices in the United States?
A)Dow Jones Index
B)FT index
C)Nikkei Index
D)Term Structure Index
E) Standard and Poor's 500 Composite Index

Question

Quizplus · Accepted Answer

The Standard and Poor's 500 Composite Index is the broadest measure of stock prices in the United States. It includes 500 large-cap stocks from various sectors of the economy and is considered a better gauge of overall market performance than the Dow Jones Industrial Average, which only includes 30 blue-chip stocks. The FTSE index is a measure of UK stock prices, the Nikkei index measures Japanese stock prices, and the Term Structure index is not a stock index at all, but rather a measure of the relationship between short-term and long-term interest rates.

Among the Following,which Is the Broadest Measure of Stock Prices