Stock Index Performance On November 27, 2007, The Dow Jones Industrial Average closed at 12,988.44, which...
Stock Index Performance On November 27, 2007, The Dow Jones Industrial Average closed at 12,988.44, which was up 230.04 that day. What was the return (in percent) of the stock market that day?
Homework Answers
| Dow jones closing price | 12988.44 | |
| Previous days's closing price | 12988.44 - 230.04 | |
| Previous days's closing price | 12758.4 | |
| Return for the day | (12988.44-12758.4)/12758.4 | |
| The return for the day is 1.80%. | ||
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Stock Index Performance On November 27, 2007,
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