Listen carefully to the following
American
stock market report.
Listen
for the answers to the questions in the excercise.
Here are some definitions that will help you to understand the audio
mixed trading - some stock prices went
up, and some went down
stocks up, stocks down - the prices of
stocks went up and some went down
the Dow was off - the Dow Jones
Industrial Average was lower
trading was heavy - many stocks were
bought and sold
NASDAQ -
The National Association of Securities Dealers Automated Quotation, a
stock
market where stocks are bought and sold over a computer network
street estimates - estimates made by
financial experts on Wall Street, a street in
high
tech sector -
companies in the computer industry
earnings loss or gain - the money a
company makes or loses
the transports - companies in the
transportation business such as trains and airplanes
new
highs -
the prices of some stocks were higher than they ever were
all
time high
-
the highest ever in history
Dow
Transport Index - an average of the stock prices
of companies in the transportation
business
state of the economy - how the economy
of the country is doing at a given time
to
take advantage of - to be able to make a profit
Eastern
Standard Time - the time in the
eastern part of the