Question
For the past five trading days, on the basis of figures in The Wall Street Journal, compute the daily percentage price changes for the following
For the past five trading days, on the basis of figures in The Wall Street Journal, compute the daily percentage price changes for the following stock indexes.
a. DJIA
b. S&P 500
c. NASDAQ Composite Index
d. FT-100 Share Index
e. Nikkei 225 Stock Price Average
f. Discuss the difference in results for Parts a and b, a and c, a and d, a and e, and d and e.
What do these differences imply regarding diversifying within the United States versus diversifying between countries?
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