The New York Stock Exchange Has a Feature Called a "Circuit

question 49

Multiple Choice

The New York Stock Exchange has a feature called a "circuit breaker" which

• A) "turns out the lights" if the Dow-Jones average falls over 100 points in one hour.
• B) stops trading in equities for one hour should the DJIA fall more than 250 points.
• C) stops trading in equities for one day if the DJIA falls more than 250 points.
• D) has proved quite effective in stopping the market from falling precipitously.

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