Question

On a particular day, the Dow Jones had a rate of change of 2.8%. Which of the following statements must also be true?

-The average of the 30 stocks in the Dow Jones increased.
-The NASDAQ decreased.
-The S&P 500 increased.
-Every stock in the Dow Jones increased.

Answer 1

THE AVERAGE OF THE 30 STOCKS IN THE DOW JONES INCREASED

Explanation:

Answer 2

The answer to the question is, "The average of the 30 stocks in the Dow Jones increased." The Dow Jones is an Industrial Average that tracks the daily performance of 30 large and popular company stocks. If the Dow Jones had a 2.8% change in value, that means the overall global average of those 30 companies increased by 2.8%.