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Lv 6
Can a trader please answer this question? How much will the DOW drop if 5 BILLION dollars is taken out of stocks and put into MM on Monday?
4 Answers
Relevance
- SailorDumbLv 66 years ago
to add on to what Ricki said, if 100 billion were taken out of a company who' stock isn't included in the 30 companies that make up the DOW, then the DOW wouldn't drop at all.
- Anonymous6 years ago
It may not drop at all in such a scenario....US$5B is a negligible sum given the total Market Cap of all 30 components of the Dow....
- Anonymous6 years ago
No, a trader cannot answer that. But $5B is relative small change.
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