A poll by Dow Jones predicted mat durable goods orders in February wouldA.drop 1.7%.B.incr
A poll by Dow Jones predicted mat durable goods orders in February would
A.drop 1.7%.
B.increase l.7%.
C.drop 0.8%.
D.increase 0.8%.
A poll by Dow Jones predicted mat durable goods orders in February would
A.drop 1.7%.
B.increase l.7%.
C.drop 0.8%.
D.increase 0.8%.
Which of the followings has a gain despite of Friday's decline?
A.The Dow Jones
B.The S&P
C.The Nasdaq
D.None of them
If you watch the news, you hear at all the time about the Dow Jones 【S1】______
Industrial Average and other averages that like the S&P 500 or the 【S2】______
Russel 2000. These are "market averages" designed to tell you how
companies are traded on the stock market are doing in general. 【S3】______
The Dow Jones Industrial Average is simply the average value of 30
large, and industrial stocks. Big companies like General Motors, 【S4】______
Goodyear, IBM and Exxon are the kinds of companies that make up
this index. See this page for details on how that the average is 【S5】______
calculated. See this page for a list of the companies in the average.
The thing to understand is that the Dow Jones Industrial Average is
nothing magic--which someone has chosen 30 companies and 【S6】______
he averaged their values together by following a specific formula. 【S7】______
That's all what it is. 【S8】______
There are all sorts of averages out there. The S&P 500 is the average
value of 500 different large companies. But the Russel 2000 tracks 【S9】______
the average of 2,000 smaller companies. And there are others.
What these averages tell you is the general health of stock prices as 【S10】______
a whole. If the economy is "doing well", then the prices of stocks as a 【S11】______
group tend to rise. If it is "doing poorly", prices as a group tend to fall.
The averages show you these tendencies in the market as a whole. If
a specific stock is going down but while the market as a whole is going 【S12】______
up, that tells you something. Or if a stock is rising, but is rising faster
or slower than the market as a whole, that tells you something as well.
【S1】______
Which of the following index represents small-company stocks?
A.The Dow Jones Industrial.
B.The Russell 2000.
C.The Wilshire 5000.
D.The S&P 500.
A.Because Microsoft would still be the Number One and Number Two software companies in the world.
B.Because Microsoft would bring down the important stock market indexes, such as Dow Jones Industrial Average.
C.Microsoft competitors know that the company has a referee staring directly over the shoulder.
Which of the following is INCORRECT according to the news item?
A.The U.S. manufacturing has been growing for 13 months successively.
B.All experts think positively about the growing of the industry.
C.The stock market had a positive reaction to the report.
D.The Dow Jones Industrial Average jumped up more than 250 points.
What is this announcement focused on?
A.The heavy technology
B.The global economy
C.The stocks market
D.The decline of the industry
Man: It was a nasty joke for investors today who had dismissed Y2K as much ado about nothing. Shares of IBM plunged almost 20 per cent on unexpected news that the drop of the Y2K spending is having a big impact on big blue. The problem is businesses that paid IBM and other technology companies tens of billions of dollars last year to make sure their computer systems were ready for the year 2000 have now stopped spending, at least until sometime next year.
Woman: Many corporations say that they've bought their computers. They've switched their software, it's Y2K compliant. And they just don't want to touch that installation, they don't want to risk something going wrong after they worked so hard to make sure that everything is going to work.
Man: IBM is the most prominent casualty of the technology spending freeze, but others are suffering as well. On Monday shares of Lexmark International, a computer printing company, dropped 30 per cent. Purchases of new printers have been postponed until after the new millennium. Shares of Computer Horizons, which installs business software, have fallen more than 75 percent. Last year the company had its best year ever. What worries Wall Street now is how many other companies who think their businesses are fine will find their earnings decimated by the drop of Y2K spending. A company as big as IBM could underestimate the risk. others could also be fooled.
?You will hear a radio interview between an economist and a journalist.
?For each question(23-30),mark one Ietter(A,B or C)for the correct answer.
?After you have listened once,replay the recording.
When it was over, the Dow Jones Industrial Average dropped 94 points to close at
A.10 217
B.10 297
C.10 317
听力原文: Coca-Cola Company, the world famous beverage company, produces and distributes many kinds of soft drinks and non-soda drinks. The company's soft drinks include its flagship product Coca-Cola (popularly known as Coke), Diet Coke, Sprite, Fanta, and Barq's root beer. And its non-soda beverages include Minute Maid fruit juices, PowerAde sports drinks, and Nestea iced tea drinks.
Coca-Cola Company can trace its origin to 1886 when John Pemberton, an Atlanta pharmacist created a drink from carbonated water, cane sugar syrup, caffeine, and extracts of kola nuts and coca leaves. The drink was medicinal and refreshing. Pemberton's bookkeeper, Frank M. Robinson, suggested the name Coca-Cola. Together, they coined the drink's first slogan, "Delicious and Refreshing." The Coca-Cola Company was established in 1892. In 1893, Coca-Cola was registered as a patented trademark. In 1894 the first bottled Coke was produced. And by 1895, the drink was sold throughout the United States.
The year 1977 marked a new era for Coca-Cola Company, it began packaging Coke and other drinks in two-liter plastic bottles. The popularity of these large bottles grew over time, and their sales earned the company new profits.
Coca-Cola Enterprises Inc. was established in the year 1986, and in the next year, it was listed in the prestigious Dow Jones Industrial Averages index of stock market performance. Its stock is traded on the New York Stock Exchange.
Worldwide, Coca-Cola ranked first in soft drink sales, and the company earned almost 80 percent of its profits from international sales.
(26)
A.In 1886.
B.In 1892.
C.In 1893.
D.In 1895.
听力原文: The pound plunged to its lowest level against the dollar for four years as the American currency soared to a new peak on the world's financial markets.
Share prices received a shock yesterday when the government increased interest rates to fifteen per cent. As a result, the Footsie slumped forty-two points closing at two thousand two hundred and eighty-one, its lowest level for ten weeks.
Minsk Data announced reductions in its workforce yesterday. Because of a small dip in profits, the company is in the red for the first time.
Yesterday, in a major collapse on the Tokyo stock market, the Nikkei average plunged five hundred and fifty-nine points because of the failure of the powerful New York bond market. And because of a sudden surge in profits from its overseas operations, Drexol is back in the black after two years of disappointing results.
Well, there's nothing like an attack of nerves on Wall Street for unsettling the world's stock markets. Already, an overnight plunge of 53.71 in the Dow Jones has had an impact in the Far East. As a result the UK market is likely to be depressed later this morning. The Hang Seng Index fell almost 2% to 12, 882 ending a rally that's been going on for several weeks.
Back home -- having fallen 21 points yesterday, the London share market badly needs good news to improve the situation. However, rumors that Britain's trade figures for the next quarter are disappointing again will not help.
Why did the share prices get a shock yesterday?
A.Because the pound fell to its lowest level against the dollar.
B.Because the American currency soared to a new peak.
C.Because the Footsie slumped forty-two points.
D.Because the government increased interest rates to fifteen per cent.