The U.S. stock market marched higher Tuesday, giving the Standard & Poor's 500 index its best day of the year. Investors rallied behind an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies.
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 came close to having its best day of 2014, but news about a New York City doctor being rushed to a hospital on Ebola fears trimmed a 300-point gain to 216.58 points for the day.
Led by a 12.8% decline in the Russell 2000 Index, an 8.3% drop in the NASDAQ composite, a 6% setback in the NASDAQ 100 Index and a 5.4% pullback in the S&P 500 Index, the Dow Jones Industrial Average followed ending the week off 4.25 % from its ...