Not so fast: A key market benchmark hasn't hit a record yet and here's the one reason why

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Blame, for the most part, rests on Boeing, as the troubled aircraft manufacturer has been a huge drag on the blue chip index.

As such, when most folks on the street — lowercase "s" as opposed to that other "Street" where the market action happens — talk about the "market," it's the Dow to which they are referring.

"Most people understand the Dow. They're brought up with it," said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, which oversees the composition of both market measures. "The Dow was the major index, and it still is from a PR point of view."The most obvious is composition — the S&P 500, as its name implies, is made up of 500 of the biggest companies in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

White Privilege People watch BLACK WALL STREET & count your blessings. I am still fighting Union Bank...Justice for my dad

White Privilage people you might want to watch the following video & count your blessings:

Trump lied again! Why? Because he is a chronic pathological liar!!!!

EPS 10.09😩

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines