The S&P 500 better represents movement in the overall market better than the DJIA mainly because of its?

Name: The S&P 500 better represents movement in the overall market better than the DJIA mainly because of its?
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Question

Quizplus · Accepted Answer

The S&P 500 has better breadth than the DJIA, as it tracks 500 large-cap stocks across different industries, providing a more comprehensive view of the overall market. In contrast, the DJIA only tracks 30 blue-chip stocks, making it more susceptible to volatility from individual stocks.

The S&P 500 Better Represents Movement in the Overall Market