Answer Key
Vocabulary test
Drag & drop: Fill in the missing expression. Use the following words and phrases:
- index
- rally
- crash
- blue chip
- close
- share price
- bear market
- turnover
- bull market
- panic
- Though analysts predicted that the NYSE would break 12,000 today, the [close] was just short of that, at 11,943.
- A [bear market] is one which exhibits a trend of depressed prices and low share movement.
- My grandfather, always a very conservative investor, favors more proven, dependable [blue chip] stocks, rather than more high-risk, high yield ones like technology and internet stocks.
- The government's latest economic report, released this afternoon, was fairly negative, and trading was down. Analysts fear that this could lead to a certain amount of [panic] among investors and traders, and perhaps drive the market down somewhat.
- The total [turnover] of today's trading reached approximately 700 million shares, a one-day record for the NYSE.
- If you want to invest in the stock market, the first thing you should do is learn how to read the stock [index, indexes] , which will help you follow overall and individual market trends every day.
- The current [bull market] has been in place for six weeks, as trading has been very active and prices have risen continually during that time.
- When you see stock brokers jumping out of windows on Wall Street, it is a good sign that there has been a horrible [crash] on the market that day.
- When I first invested in this firm, the [share price] was just five dollars, now it is at twelve!
- After initial weak trading, the market managed to [rally] after lunch, and close at 10,475, up 112 points on the day.