A. Dow Jones Industrial Average
B. Nasdaq Composite
C. Neither index rose
D. Both fell by the same percentage
Explanation:
Nasdaq Composite rose 1.1% on 19 October as AI and technology shares recovered some recent losses. The S&P 500 rose 0.4%, while the Dow Jones Industrial Average fell 0.1%.
Key points
– Nasdaq Composite: up 1.1%, closing at 26,430.89.
– S&P 500: up 0.4%, closing at 7,690.73.
– Dow Jones Industrial Average: down 0.1%, closing at 51,966.03.
– The recovery was driven partly by AI and technology stocks.
– These figures describe the 19 October trading session, not a final result for 20 October.
Related questions and answers
– Q: Which index is strongly associated with technology-oriented companies?
A: Nasdaq Composite.
– Q: What does the S&P 500 track?
A: The performance of 500 leading publicly traded US companies.
– Q: What does a stock-market index measure?
A: The performance of a selected group of stocks.
– Q: Why can technology shares affect the Nasdaq strongly?
A: Many major technology companies have significant weight in the index.