BUS X100 Lecture Notes - Lecture 4: Procter & Gamble, Exxonmobil, Public Float
20 Oct 2016
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Charles dow- custo(cid:373)er"s after(cid:374)oo(cid:374) letter, (cid:272)reated it (cid:271)e(cid:272)ause there were no financial newspapers. Helpi(cid:374)g a tea(cid:272)her"s kid a(cid:374)d the tea(cid:272)her gi(cid:448)i(cid:374)g (cid:455)ou a higher grade o(cid:374) assignment. Stock exchanges- nasdaq, nyse, brings buyers and sellers together and to serve as a market maker. Full employment- everyone looking for a job has a job. Gdp- gross domestic product, if generally trending up unemployment going down. Federal reserve- interest rates going to go up, 1pt is 1%, predicting . 5% increase. Based on market capitalization of 500 large companies. Designed to be a leading indicator of u. s. equities and is meant to reflect to risk/return characteristics of the large cap universe. Many consider it one of the best representations of the u. s stock market, and bellweather of the u. s. economy. The s&p 500 is a market value weighted index- ea(cid:272)h sto(cid:272)k"s (cid:449)eight is proportio(cid:374)ate to its market value. The total dollar market value of all of a (cid:272)o(cid:373)pa(cid:374)(cid:455)"s outsta(cid:374)di(cid:374)g shares.
