The Dow: Not What You Think

Posted Feb 14, 2018  |  By 
Eric S. Holt, CFA
  |  

On February 5th, 2018 the Dow Jones Industrial Average (DJIA) closed down 1,175 points which represented the largest one-day drop in the DJIA’s long history. Is that what “the market” did that day? Does the Dow measure the performance of the underlying stocks? What do the points represent? Most will be surprised at the answers to these questions. Read on to learn more.

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