Asked by Yesenia Zacharkiw on Jul 13, 2024
Verified
Which of the following stock indices measures Canadian stock market performance?
A) Dow Jones Industrial Average (DJIA)
B) S&P 500 Index
C) S&P/TSX 60 Index
D) NYSE Composite Index
S&P/TSX 60 Index
A stock market index of 60 large companies listed on the Toronto Stock Exchange, representing leading sectors in Canada.
Stock Indices
Aggregated measures that track the performance of a basket of stocks, representing a specific market or sector, to gauge market trends.
Canadian Stock Market
The financial market in Canada where securities are bought and sold, including the Toronto Stock Exchange and the TSX Venture Exchange.
- Pinpoint and explicate the key stock exchanges and indices across Canada.
Verified Answer
ON
Olivia NicoleJul 15, 2024
Final Answer :
C
Explanation :
The S&P/TSX 60 Index is a stock market index of the Toronto Stock Exchange, which represents Canada's leading large-cap companies traded on the exchange. The DJIA, S&P 500 Index, and NYSE Composite Index all measure the performance of US stocks.
Learning Objectives
- Pinpoint and explicate the key stock exchanges and indices across Canada.