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%

Essentials of Business Analytics (MindTap Course List)
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ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter7: Linear Regression
Section: Chapter Questions
Problem 7P: The Dow Jones Industrial Average (DJIA) and the Standard Poors 500 (SP 500) indexes are used as...
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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%
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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