Break up these sentences into shorter, more readable:

Question

1- Records were set Wednesday by both the new york stock exchange composite index, which closed at 8,001.40 up 27.08 points, topping its previous high of 7,986.5, and standard & poor's 500 index, which finished at 1,264.06, up 6.90, moving up significantly and also setting a five-day high.
2-Reserving this property requires a $500 security deposit, which will be refunded unless there is damage to the property or evidence that there has been smoking. in the cottage or a pet on the premises or if the reservation is canceled within one month prior to the rental period.
3- the consumer education committee is assigned the duties of keeping informed of the qualities of all consumer goods and services, especially of their strengthens and shortcomings, of gathering all pertinent information on dealers' sales practices, with emphasis on practices involving honest and reasonable fairness, and of publicizing any of the information collected that may be helpful in educating the consumer

Answer 1

That's your assignment. What are YOUR questions about your assignment?

Answer 2

Sentence content. Reformulate.