What was the key level for the S&P 500 to watch according to the transcript?
BOJ Stimulus Hammers Yen as Global Markets Rally

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2011 closing record level
2020 opening level
2015 mid-year level
2022 peak level
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the median estimate for the yen's value at the end of the year?
1-15
1-12
1-10
1-08
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What major action did Japan's pension fund take that affected the yen?
Reduced allocation in domestic equities
Decreased investment in foreign bonds
Increased investment in Japanese bonds
Increased allocation in foreign and Japanese equities
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the yen considered an important currency in global financial markets?
Due to its stability against the dollar
Due to its high interest rates
Because of the carry trade
Because it is the world's reserve currency
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a concern regarding the strong dollar during the earnings season?
It would impact earnings negatively
It would decrease consumer spending
It would lead to inflation
It would increase import costs
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