Although Standard and Poor's Composite Index contains a limited number of U.S.publicly traded stocks,the Index represents:
A) all stocks in the industrial sector.
B) all stocks priced at $50 a share or more.
C) approximately 40% of U.S. stocks traded, in market value.
D) approximately 75% of U.S. stocks traded, in market value.

Question

Quizplus · Accepted Answer

The Standard and Poor's Composite Index, commonly known as the S&P 500, represents approximately 75% of the U.S. stock market's total market value, despite containing only 500 of the thousands of publicly traded stocks.

Although Standard and Poor's Composite Index Contains a Limited Number