英语财经报刊阅读课件吴立高 ISBN9787811348644 PPT财经报刊选读 U9.pptVIP

Unit 6 英语财经报刊选读 Unit 9  Stock Market Overview Comprehension questions for Text A What’s new in Text A Looking from China’s perspective Unit 9  Stock Market Comprehension Questions 1. How to buy a stock? 2. What are the purposes of the Securities Exchange Commission? 3. What is one major reason for the crash of the stock market in 1987? 4. Why does the stock market go up and down? The steps of buying a stock When you want a stock, you call a broker. The broker then calls a floor broker, the floor broker goes to the space that is allotted to this stock. He then buys the amount of stock from the specialists and then tells the firm he bought it, and then you have your stock. The purposes of SEC Regulates the securites industry. Decides what is legal, and prosecutes those who break the rules,and sets many standards for brokers and investors. One reason that leads to the crash One major reason for the crash was fear: Fear of a correction; Fear of a drop; Fear of being too late to get out. Why does the stock market go up and down? If a company makes a lot of money, its value rises. If interest rates are high, stock prices go down. If there is more money floating around, there is more flowing into companies, making their prices rise. Many stocks are seasonal. What’s new in Text A This article introduces one common economic term --- stock market. How does the stock market work? What are the rules governing the stock market? Why stock market can go into crash? And the factors influencing the stock market. To a person who does not have any idea of the stock market , this article can serve as an introductory course. The language of this article is very simple and easy to understand. It is like a conversation between a teacher and a student. So a difficult financial concept can be explained in very simple language. Looking from China’s perspective Stock market is also a big business in China now, and many people are