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Question #162

How did the trading volume on October 26 compare with earlier days when volumes exceeded eighty billion dollars?

Category: General
Volume was $25.2 billion roughly equal to earlier $80 billion-plus levels
Volume was $25.2 billion slightly lower than earlier $20 billion-plus levels
Volume was $25.2 billion significantly lower than earlier $80 billion-plus levels
Volume was $25.2 billion slightly higher than earlier $80 billion-plus levels

Why is this the correct answer?

This is correct because the trading volume on October 26 was approximately $25.2 billion, which is much lower than previous days when volume exceeded $80 billion. Beginners can see how lower volume indicates less trading activity and potential caution among investors.

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