Question

although standard and poor's composite index contains a limited number of u.s. publicly traded stocks, the index represents: multiple choice approximately 80% of u.s. stocks traded, in market value. all stocks in the industrial sector. approximately 60% of u.s. stocks traded, in market value. all stocks priced at $50 a share or more.

Answer 1

The Standard & Poor's Composite Index, also known as the S&P 500, represents approximately 80% of U.S. stocks traded by market value.

Step-by-step explanation:

The Standard & Poor's Composite Index, commonly known as the S&P 500, represents approximately 80% of U.S. stocks traded, in market value, making it a significant barometer of the stock market's performance. The S&P 500 is a market capitalization-weighted index, meaning it provides a weighted average market capitalization of the 500 largest U.S. publicly traded companies. In contrast, the Dow Jones Industrial Average (DJIA) is a price-weighted index composed of 30 large U.S. companies. Additionally, the Wilshire 5000 Total Market Index is another broad market measure that includes the stock prices of essentially all U.S. companies with public stock ownership, numbering around 7,000 firms.