The Dow Index is Ridiculously Dumb. It Should Have These Stocks Instead.14.4

By CCN: The Dow Jones Industrial Average was originally designed as a stand-in for the broad U.S. economy. In theory, the 30 stocks that compose the Dow Jones Industrial Average represents the influence of various sectors over the economy, with each stock representing a major player in a given sector. Yet the Dow Jones Industrial Average has changed very little in the past 20 years. Four stocks were jettisoned in 1997, and four more in 1999.  The most recent swap was shoving out General Electric in favor of Walgreens Boots Alliance. The problem is that some of the other stocks

The post The Dow Index is Ridiculously Dumb. It Should Have These Stocks Instead. appeared first on CCN

Original source
https://www.ccn.com/dow-index-dumb-it-should-have-these-stocks-instead

Add comment

Please Sign in to be able to leave comments.