Answer:
1. An initial public offering (IPO) is when a private company becomes public by selling its shares on a stock exchange.
2. The S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies.
3. The NYSE provides a location where its members can trade stock in listed companies.
4. The Nasdaq is the second-largest stock exchange in the world. It became the first electronic stock exchange in 1971.
Explanation:
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