The financial press tends to become excited when the Dow Jones Industrial Average rises or falls sharply.

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The financial press tends to become excited when the Dow Jones Industrial Average rises or falls sharply. After a particularly steep rise or fall, newspapers may publish tables ranking the day’s results with other large advances or declines. What do you think of such reporting? If you were asked to construct a table of the best and worst days in stock market history, how would you do it, and why? (LO2)

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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