The annual returns of the Dow Jones Industrial Average and the S&P 500 index are highly positively correlated.

Question

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The Dow Jones Industrial Average and the S&P 500 index are both stock market indexes that track the performance of large, publicly traded companies in the United States. As a result, their returns are highly positively correlated, meaning that when one index goes up or down, the other index tends to follow suit. This correlation is due to the fact that both indexes are influenced by similar economic factors, such as interest rates, inflation, and corporate earnings.

The Annual Returns of the Dow Jones Industrial Average and the S&P