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On June 10, 2024, the S&P 500 Index set a new record high. The index closed at 5,325.42, which was up 97.65 points that day. What was the return (in percent) of the stock market that day? a. 1.68% b. 1.85% c. 2.04% d. 2.25%

On June 10, 2024, the S&P 500 Index set a new record high. The index closed at 5,325.42, which was up 97.65 points that day. What was the return (in percent) of the stock market that day? a. 1.68% b. 1.85% c. 2.04% d. 2.25%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject general accounting

On June 10, 2024, the S&P 500 Index set a new record high. The index closed at 5,325.42, which was up 97.65 points that day. What was the return (in percent) of the stock market that day? a. 1.68% b. 1.85% c. 2.04% d. 2.25%
Transcribed Image Text:On June 10, 2024, the S&P 500 Index set a new record high. The index closed at 5,325.42, which was up 97.65 points that day. What was the return (in percent) of the stock market that day? a. 1.68% b. 1.85% c. 2.04% d. 2.25%
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