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Final answer:
The S&P 500 is a better measure of stock performance than the Dow Jones Industrial Average due to tracking more stocks, reporting daily performance, and including various industries' stocks.
Explanation:
The Standard & Poor's 500 (S&P 500) is considered a better measure of stock performance than the Dow Jones Industrial Average for several reasons:
- The S&P 500 tracks 500 stocks while the Dow tracks 30, providing a broader view of the market.
- The S&P 500 reports stock daily performance while the Dow reports weekly, offering more timely information.
- The S&P 500 includes various industries' stocks, unlike the Dow which focuses on a single industry's stocks.
Learn more about Stock Market Performance here:
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