- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 37. Security Market Indexes
- Subject 4. Different Types of Security Market Indices
CFA Practice Question
Which stock market index is most commonly quoted?
B. Value Line Average
C. Dow Jones Composite Average
D. Dow Jones Industrial Average
E. Wilshire Equity Index
A. S&P 500 Index
B. Value Line Average
C. Dow Jones Composite Average
D. Dow Jones Industrial Average
E. Wilshire Equity Index
Correct Answer: D
User Contributed Comments 16
| User | Comment |
|---|---|
| blueberries | Can someone explain that? |
| magicchip | whats to explain? It's the index most widely quoted. |
| cong | Watch the news! |
| DonAnd | lol! |
| JakeZ | lol!!! |
| Jurrens | I fell like the S&P is used more often than the DJIA, especially with benchmarking and describing the market. |
| thekobe | Im not in the US and I know that DJIA is the most widely quoted |
| dipu617 | Yeah.... I'm not in the US either but I have been hearing the name of DJIA since I was a kid, though I had no idea what it was. :-) |
| endurance | I just guess that DJIA is deeply inherited and for the public, while the S&P500 is widely used in the investment community |
| johntan1979 | Unfortunate, isn't it, when it only represents 30 companies vs 500 companies? |
| gill15 | Blueberries is gonna have a tough time passing this exam. |
| ldfrench | At least in recent years, it seems as though the S&P is used and quoted way more often than DJIA. |
| leon121 | agree with @ldfrench. S&P 500 is the craze these days. with its double digit returns. at least here in the U.S. |
| stevo | I follow S&P far more than dow, interesting... |
| ascruggs92 | Interesting, I pay attention to the S&P 500 more, as does everyone else I know that works in finance. However, now that I think about it, those idiots on CNBC always talk about the Dow, as if a 30 stock, price-weighted index is actually a good determinant of the broader market. |
| walterli | Trump 2020 |