Series 7 - General Securities Representative Exam
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All of the following are true of the S&P 500 index EXCEPT
It is the Stock index that is the broadest measure of the US economy
A
The symbol for the index is SPX
B
The index is composed large-cap stocks
C
It has less components than the Dow Jones Industrial Average
D
Explanations
The SPX has 500 large cap stock components and is the index of the broadest measure of the US economy. The DJIA only has 30 components