Question #162 ·
How did the trading volume on October 26 compare with earlier days when volumes exceeded eighty billion dollars?
- 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 Right answer
- 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.