How well do you know Wall Street? Find out with our trivia quiz, which even stumped me. The answers appear at the bottom.
- How many stocks make up the Dow Jones Industrial Average?
- A legacy of inventor Alexander Graham Bell, this company was forced to divest itself of many of its local companies. What is this stock?
- Is AT&T in the Dow Jones Industrial Average?
- The Dow Jones performed best under what three presidents?
- The Dow Jones performed worst under what three presidents?
- The name of the difference between the price you can buy versus sell a security.
- Who is known as the “Oracle of Omaha?”
- What did buyers want to own in the bubble of 1637 in the Netherlands?
- When did the price of gold reach its all-time high?
- What was the first company on the NYSE?
- What year did the Dow Jones first close over 10,000?
- What year did the Dow Jones first close over 20,000?
- Which Dow Jones stock has been there since the very beginning?
- What is the first name of the person that founded Dow Jones & Company?
- What is the largest company by market capitalization today?
- How often would you place trades using the Dogs of the Dow strategy?
Answers: 1: The Dow is the oldest stock market average (1896) and it contains 30 stocks. 2: AT&T Corp. 3: No, AT&T was removed from the Dow to make room for Apple. 4: The Dow performed best under Calvin Coolidge, gaining 251.7%. This was during the roaring 20s. The Dow gained 226.6% under Bill Clinton and 196.7% under FDR. 5: The Dow lost 82.8% under Herbert Hoover. It lost 22.3% under George W. Bush and lost 16.5% under Richard Nixon. 6: The bid-to-ask spread. 7: Warren Buffett. 8: Tulips. 9: In 2011 gold reached its high price of $1,905.10 per ounce. 10: Bank of New York, created by Alexander Hamilton. 11. 1999, with the anniversary occurring last week. 12: 2017. 13: General Electric. 14: Charles. 15: Apple, with a market cap of $754 billion. 16: Once a year at the start.