I'd love to tell you that editors and decision-makers across the country and around the globe heard that plea - based on the Dow being antiquated and no longer any sort of true gauge of �the market� - and immediately started modernizing their thinking.
The Dow Jones Industrial Average may be the best known U.S. index of stocks, but most definitions for what it is get boiled down to �a price-weighted average of 30 actively traded blue-chip stocks,� and there are three significant issues within that ...
A suddenly stormy month on the stock market came to a quiet end on Tuesday. Major indexes drifted to a slight loss, leaving the Standard & Poor's 500 down 1.6 percent for September, its third monthly drop this year.
KEEPING SCORE: The Standard & Poor's 500 index fell 18 points, or 0.9 percent, to 1,946 as of 2:47 p.m. Eastern. The Dow Jones industrial average dropped 192 points, or 1.1 percent, to 16,802. The Nasdaq composite fell 47 points, or 1.1 percent, to 4,407.