Which of the following indices best reflects the ten sectors of the economy?
A)Nasdaq Composite
B)Dow Jones Industrial Average
C)Standard & Poor's 500
D)None of these

Question

Quizplus · Accepted Answer

The Standard & Poor's 500 (S&P 500) index includes 500 large-cap companies listed on the New York Stock Exchange (NYSE) or the Nasdaq Stock Market. These 500 companies are spread across ten sectors of the economy, including communication services, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, and utilities. Thus, the S&P 500 index is a better reflection of the ten sectors of the economy than the Nasdaq Composite or Dow Jones Industrial Average.

Which of the Following Indices Best Reflects the Ten Sectors